THE carbon tax may have been a hot political topic in 2012 but carbon trading seems to be sliding down the corporate agenda, both here and overseas.
European Union carbon permits - representing the world's biggest carbon market - fell 8.9 per cent to €6.67 ($A8.35) a tonne in 2012, marking a fourth decline in the past five years, and have since dropped as low as €6.22.
Still, the EU contract fared better than the previous year when the value slumped 49 per cent, according to Bloomberg.
See full Article: http://www.theage.com.au/business/carbon-out-of-mind-favour-20130104-2c8y1.html
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