FRANKFURT (Reuters) - Bavaria's stock exchange will abandon its carbon emissions certificate trading operations in the EU-traded CO2 market on June 30 after volumes in Europe "plunged to practically zero" in recent months, it said on Tuesday.
The EU's emissions trading scheme (EU ETS) limits the carbon dioxide emissions of the 27-nation bloc's factories and power plants and covers nearly half of EU emissions.
Prices in the ETS have shed around 60 percent of their value over the past year due to market worries about the growing supply glut and weak demand.
