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EU Will Tighten Cap to Fix Carbon Price Collapse

December 22nd, 2011 | by Susan Kraemer

The EU now has ten times the solar power of the US, twice the wind, and it dominates the global offshore wind industry. As a result, and as a mark of the ease in meeting its Kyoto goal and already lowering its carbon emissions 8% below 1990 levels for its first deadline, the price on carbon has plummeted



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