Wednesday, June 20, 2007

European Emission Permits Rise on Norwegian Demand; French Power Gains

(Bloomberg) -- European Union emission permits rose
from their lowest in a month on speculation demand from Norway
will raise prices across the region. French power gained.

Permits for delivery in December 2008 rose 65 cents, or 3.1
percent, to close at 21.84 euros ($29) a metric ton on the
European Climate Exchange in Amsterdam. They sank as low as
20.60 euros yesterday, the lowest price for the benchmark
permits since May 15.


Read more at Bloomberg Energy News

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