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Shares in firms set up to profit from efforts to curb pollution traded near all-time lows on Tuesday as the collapse of the carbon emissions market they depend on raised concerns about their future.

Last week, the price of these certified emissions reductions (CERs) credits fell by 20% to below 5 euros ($6.68) per tonne.

CERs have lost over half their value this year as concerns mount over their role in a future global climate treaty, and as falling industrial production makes pollution targets easy to meet. Exacerbating this, a record number of CERs was issued to the market this year.

Traders say project developers would incur a loss if they sell at a price below 6 euros per CER.

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Extpub | by Dr. Radut