Photographer: Matthew Lloyd/Bloomberg

Brexit Concerns Prompt Cut in BNEF’s Outlook for Carbon Prices

  • Bloomberg New Energy Finance lowers forecasts for EU market
  • Carbon price seen suppressed until 2019 start of market fix

Uncertainty over Britain’s future participation in the European Union carbon market led Bloomberg New Energy Finance to cut its outlook for pollution prices by 14 percent following the decision by U.K. voters to leave the EU.

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