Demand for 2013 C02 Below Forecast, Deutsche Bank Says
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Demand from power utilities for carbon allowances covering 2013 electricity sales was about 71 percent below forecasts this year, according to an analyst for Deutsche Bank AG.
Demand was about 80 million metric tons of carbon dioxide allowances, compared with expectations early this year of 278 million tons, Mark Lewis, a carbon analyst at Deutsche Bank, said today by phone from Paris.