(Bloomberg) -- European Union emission permits rose
from their lowest in a month on speculation demand from Norway
will boost prices across the bloc, according to an analyst at the
investment-banking unit of Dresdner Bank AG. French power gained.
Permits for delivery in December 2008 rose 56 cents, or 2.6
percent, to 21.75 euros ($29) a metric ton on the European
Climate Exchange in Amsterdam at 1:52 p.m. local time. 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
from their lowest in a month on speculation demand from Norway
will boost prices across the bloc, according to an analyst at the
investment-banking unit of Dresdner Bank AG. French power gained.
Permits for delivery in December 2008 rose 56 cents, or 2.6
percent, to 21.75 euros ($29) a metric ton on the European
Climate Exchange in Amsterdam at 1:52 p.m. local time. 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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