Friday, June 22, 2007

European Spot Carbon Emission Permits Fall to Record on Likely Oversupply

(Bloomberg) -- European Union carbon-dioxide
emission permits for immediate delivery fell to a record on a
likely oversupply this year.

Emission permits fell 3 cents, or 27 percent, to 8 euro
cents ($0.11) a metric ton on the Powernext exchange in Paris at
11:27 a.m. local time. Permits for December 2008 fell 42 cents,
or 1.9 percent, to 21.20 euros a ton, according to the European
Climate Exchange in Amsterdam.


Read more at Bloomberg Energy News

No comments: