Value of global carbon markets plummeted in 2013

But analysts expect a rebound this year as EU approves measures to backload ETS allowances

The volume of carbon traded worldwide plummeted in 2013 – the first time that has happened for three years.

Some 9.2 gigatonnes of CO2 equivalent were traded during the year, down 14% from 10.7Gt in 2012, according to analysts Thomson Reuters Point Carbon.

The value of that trading saw an even bigger fall, dropping 38% from €62bn to €38.4bn.

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