Prices for European Emission Allowances (EUAs) are seen in a range of 16.30 to 17.60 EUR until July 2010. Short-term price expectations are slightly higher compared to the last survey from June 2009. Long-term price expectations had slightly decreased for the period until 2012 and for 2013 to 2020. The survey participants were asked, to express their expectations for the Climate Conference in Copenhagen. An immediately and binding greenhouse gas reduction target is seen as the most important topic in Copenhagen. The USA and "Emerging Economies", like China, India or Brazil, are seen as the most important parties at the conference.