Telegraph: The report, written by corporate finance and equity capital markets adviser Tom Frost, of Akur Partners, predicts that the price of carbon could increase to 64 (£57) from the current 8.40 before the end of this trading period, know as Phase II, in 2012. It is expected to be published on Wednesday evening. The EU emissions trading scheme (EU ETS) started in January 2005 the largest multi-national emissions trading scheme in the world and is central to the EU’s climate change policy. …