(Bloomberg) -- European Union carbon-dioxide
emission permits rose for the fourth consecutive day on
speculation utilities in the region must buy more contracts to
comply with pollution regulations. European power prices gained.
Permits for December 2008 climbed as much as 45 cents, or
2.2 percent, to 20.52 euros ($28) a metric ton on the European
Climate Exchange in Amsterdam. The contract, poised for its
biggest weekly advance since May, traded at 20.30 euros at 5:21
p.m. local time.
Read more at Bloomberg Energy News
emission permits rose for the fourth consecutive day on
speculation utilities in the region must buy more contracts to
comply with pollution regulations. European power prices gained.
Permits for December 2008 climbed as much as 45 cents, or
2.2 percent, to 20.52 euros ($28) a metric ton on the European
Climate Exchange in Amsterdam. The contract, poised for its
biggest weekly advance since May, traded at 20.30 euros at 5:21
p.m. local time.
Read more at Bloomberg Energy News
No comments:
Post a Comment