Friday, May 25, 2007

Emission Permits Rise to Highest Since May 26, Lifted byAnalyst Forecasts

(Bloomberg) -- European Union carbon-dioxide permits
for 2008 rose to their highest in almost a year after analysts
forecast further gains.

Emissions permits for delivery in December 2008 gained 45
cents, or 1.9 percent, to trade at 23.70 euros ($31.84) a metric
ton at 10:07 a.m. in Amsterdam, according to prices from the
European Climate Exchange. That's the highest since May 26 last
year.


Read more at Bloomberg Energy News

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