(Bloomberg) -- European Union carbon dioxide permits
declined for the first day in three as Ireland contested a
November ruling by the European Commission that it hand out 6.2
percent fewer allowances in the five years through 2012.
Emission permits for delivery in December 2008 fell 68
cents, or 3.1 percent, to close at 21.12 euros ($28.76) a metric
ton, according to prices from the European Climate Exchange in
Amsterdam. They earlier today traded at 22.30 euros, their
highest since July 2.
Read more at Bloomberg Energy News
declined for the first day in three as Ireland contested a
November ruling by the European Commission that it hand out 6.2
percent fewer allowances in the five years through 2012.
Emission permits for delivery in December 2008 fell 68
cents, or 3.1 percent, to close at 21.12 euros ($28.76) a metric
ton, according to prices from the European Climate Exchange in
Amsterdam. They earlier today traded at 22.30 euros, their
highest since July 2.
Read more at Bloomberg Energy News
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