ICE daily CER price continued its support and improved slightly to 1.13 EURO (+3.67%). The market remains significantly long. The carbon market seems to be trading around pre-Doha uncertainty at this point. If things go the same way as this time last year, one can expect positive initial headlines out of Doha meetings about the future of the Kyoto Protocol... causing prices to improve... followed by the inevitable realization that the headlines are only headlines without real substance... causing carbon prices to keep falling towards year end. It is possible that Obama's victory on 6 November could open new opportunities for international carbon market penetration into America, however if this happened it probably would not enter the national dialogue until 2013 at earliest, and it's only speculation at this stage.