Tuesday, May 22, 2007

Emission Permits Fall From One-Year High as Poland Delays Appeal Decision

(Bloomberg) -- European Union carbon-dioxide permits
fell from their highest level in almost a year, after Poland
delayed deciding on whether to appeal a regulatory decision that
cut its grant of permits starting 2008.

Emission permits for December 2008 fell 26 cents, or 1.2
percent, to close at 21.75 euros ($29) a metric ton, according to
prices from the European Climate Exchange in Amsterdam. They traded
at 22.25 euros yesterday, their highest since May 31.


Read more at Bloomberg Energy News

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