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Article: Point Carbon Finds RGGI Long by 31.8 Million Allowances in 2008.
- Article from:
- Business Wire
- Article date:
- March 11, 2009
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2008 CO2 Emissions Decline 8.9 percent from 2007 Emissions
WASHINGTON -- Today, Point Carbon announced its estimates for the 2008 carbon dioxide (CO2) emission levels for the Regional Greenhouse Gas Initiative (RGGI) to be 156.2 million short tons (one short ton is equal to 0.91 metric tons) resulting in a decline of 8.9 percent from 2007 emissions. This leads Point Carbon's team of analysts to forecast an over allocated RGGI market.
Point Carbon is a world-leading provider of independent analysis and consulting services for power, gas and carbon markets. The forecasts supplied are part of the company's independent Trading Analytics and Research ...