Global CO2 market up 4 percent to 96 bln euros in 2011

Global carbon markets were worth a total 95.9 billion euros ($122.6 billion) in 2011, up 4 percent year-on-year due to an increase in traded volumes in the EU, Thomson Reuters Point Carbon said on Tuesday.

Barcap slashes 2012 carbon price outlook

Barclays Capital on Tuesday slashed its price outlook for EU and U.N.-backed carbon for 2012 and beyond, as prospects of a recession could further weaken demand in the oversupplied carbon market.