(Bloomberg) -- European Union carbon-dioxide permits
were little changed, after reaching a two-week low as lower
natural-gas prices made it profitable to burn the cleaner fuel
in the U.K. next summer.
Emission permits for delivery in December 2008 fell as much
as 1.82 euros, or 7.9 percent, to 21.15 euros ($28) a metric
ton, according to prices from the European Climate Exchange in
Amsterdam. That's their lowest since May 17. They were little
changed from yesterday's close at 23.05 euros at 9:57 a.m. local
time, after falling 8.7 percent yesterday.
Read more at Bloomberg Energy News
were little changed, after reaching a two-week low as lower
natural-gas prices made it profitable to burn the cleaner fuel
in the U.K. next summer.
Emission permits for delivery in December 2008 fell as much
as 1.82 euros, or 7.9 percent, to 21.15 euros ($28) a metric
ton, according to prices from the European Climate Exchange in
Amsterdam. That's their lowest since May 17. They were little
changed from yesterday's close at 23.05 euros at 9:57 a.m. local
time, after falling 8.7 percent yesterday.
Read more at Bloomberg Energy News
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