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LCH.Clearnet Handled Second Biggest Volume of Carbon Permits
2010-10-20 13:00:27.659 GMT
By Mathew Carr
Oct. 20 (Bloomberg) -- LCH.Clearnet Group Ltd. handled
about 5 million metric tons of carbon contracts yesterday, its
second-biggest volume since starting its over-the-counter
clearing service in July last year.
The volume included 4.425 million tons of European Union
allowance forward contracts, 475,000 tons of Certified Emission
Reduction credit forwards and 50,000 tons of EU-allowance spot,
Jason LaBrooy, an LCH energy markets official in London, said by
e-mail and phone. The record was 5.165 million tons on Sept. 16,
he said today.
For Related News and Information:
Emission market news NI ENVMARKET <GO>
Today's top energy stories ETOP <GO>
European power-markets home page EPWR <GO>
--Editors: Reed Landberg, Randall Hackley
To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net
