Tuesday, June 26, 2007

Carbon Emission Permits in Europe Fall to Six-Week Low on High Coal Price

(Bloomberg) -- European Union emission permits for
2008 fell to their lowest in six weeks as coal for delivery in
the Netherlands, a European benchmark, traded close to its
highest in more than two years.

EU carbon dioxide emission permits for December 2008 dropped
as much as 3 percent to 20.55 euros ($27.62) a metric ton, and
traded down 48 cents, or 2.3 percent, at 20.70 euros as of 9:48
a.m. on the European Climate Exchange in Amsterdam.


Read more at Bloomberg Energy News

No comments: