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People & Business :: Green Issues

Forecast: U.S. Carbon Price to Be Near Floor Through 2020

3:22 PM MDT | October 14, 2009 | Vincent Valk

Should a cap-and-trade scheme pass the U.S. Congress, the price of carbon is forecast remain near the legislative floor of $15/ton through 2020, Veronique Bugnion, managing director/analytics and research for Point Carbon (Oslo) told attendees at a carbon trading panel discussion in New York last night. The $15/ton price is forecast by Point Carbon projections, Bugnion noted. The panelists at the discussion, which focused on the impact of carbon trading on U.S. businesses and was sponsored by trading software firm Trayport (London), disagreed as to whether such a...

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