By Mathew Carr
Nov. 24 (Bloomberg) -- The discount of 2012 United Nations
Certified Emission Reductions to European Union permits widened
to its biggest gap in 18 months as EU regulators said they would
publish a proposal tomorrow at noon Brussels time.
The plan would "restrict the use of certain industrial gas
credits in the EU emissions trading system post-2012,"
according to an EU regulatory website.
The spread widened 3.4 percent to close at 4.22 euros
($5.64) a metric ton, the biggest discount since May 20, 2009,
on the ICE Futures Europe exchange. ICE handled 1 million tons
of contracts, the highest daily volume since Nov. 16.
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--Editors: Rob Verdonck, 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
