Optimism in the sector has been further dented by fears that the establishment of a US cap and trade scheme is less likely in the face of prolonged stalling on the cost of imposing emission caps on US industry.
...
The European Union has indicated that credits from projects registered before the end of 2012 will be eligible for use in Phase III of the EU’s Emissions Trading Scheme, which runs from 2013-2020.
The European Investment Bank’s €125m Post-2012 Carbon Credit fund, which is advised by German asset management company, First Climate, is expected to be fully invested before the end of June, for example.
...
The full article is available here: http://www.ft.com/cms/s/0/df6cebb4-7003-11df-8698-00144feabdc0.html
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Press Clipping
First Climate in Financial Times: Copenhagen’s chilling effect fails to cool low carbon fever
Investing in climate change"related funds was dealt a blow last December when the UN climate talks in Copenhagen
failed to deliver the binding caps on carbon emissions that underpin the demand for emissions permits trading in
carbon markets in industrialised nations.
London, June 06, 2010
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