Wednesday, July 11, 2007

Emission Permits Fall to Near Two-Month Low as German Power Prices Drop

(Bloomberg) -- European Union carbon dioxide
permits fell to near a two-month low as German power for next
year dropped, potentially making generation less profitable.

Permits for delivery in December 2008 fell 20 cents, or 1
percent, to 20.80 euros a metric ton in Amsterdam, according to
prices from the European Climate Exchange at 9:38 a.m. local
time. They earlier fell as low as 20.60 euros, near their lowest
since May 15.


Read more at Bloomberg Energy News

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