Managing Director Nico Girod has a different take on what going on with prices in the EU ETS market in Bloomberg's latest article.
"Still, not everyone’s convinced that the speculators are back. It’s possible that utilities are just buying permits on the cheap to use in the future, according to Nicolas Girod, managing director at ClearBlue Markets. But if speculators are coming back, it could drive prices back to 30 euros per ton this year, he said."
Read the full article here.