Friday, May 18, 2007

Carbon Emission Permits Advance to Highest Since June on Delivery Concern

(Bloomberg) -- European Union carbon dioxide permits
rose to their highest since June on concern emission-reduction
projects may generate fewer credits than expected through 2012,
curbing supply.

Emission permits for 2008 climbed 35 cents, or 1.6 percent, to
21.75 euros ($29) a metric ton, according to prices from the broker
Spectron Group Plc on Bloomberg at 7:46 a.m. in London. That's
their highest since June 2.


Read more at Bloomberg Energy News

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