(Bloomberg) -- European Union carbon dioxide permits
pared gains 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 added 4
cents, or 0.2 percent, to 21.84 euros ($29.77) a metric ton,
according to prices from the European Climate Exchange in
Amsterdam at 10:49 a.m. local time. They earlier traded at 22.30
euros, their highest since July 2.
Read more at Bloomberg Energy News
pared gains 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 added 4
cents, or 0.2 percent, to 21.84 euros ($29.77) a metric ton,
according to prices from the European Climate Exchange in
Amsterdam at 10:49 a.m. local time. They earlier traded at 22.30
euros, their highest since July 2.
Read more at Bloomberg Energy News
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