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EU Carbon Increases to 5-Week High Before Regulator Announcement
2010-11-25 07:57:43.631 GMT
By Mathew Carr
Nov. 25 (Bloomberg) -- European Union carbon dioxide
permits rose to their highest price in more than five weeks as
regulators prepare to announce new restrictions at noon Brussels
time today on use of offset credits.
December 2010 EU carbon allowances advanced as much as 1.5
percent to 15.37 euros ($20.49) a metric ton and were at 15.34
euros as of 7:51 a.m., according to data from the ICE Futures
Europe exchange in London.
For Related News and Information:
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Emissions menu, prices: EMIS <GO>, EMIT <GO>
--Editors: Raj Rajendran, Steve Voss.
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:
at +44-20-7073-3520 or sev@bloomberg.net
