(Bloomberg) -- European Union carbon-dioxide permits
climbed to their highest in almost a year, boosting the price of
electricity for next year in the region amid speculation that a
shortage of allowances through 2012 may exist.
Emission permits for December 2008 rose as much as 93
cents, or 4.2 percent, to 23.05 euros ($31) a metric ton,
according to prices from the European Climate Exchange in
Amsterdam. That's their highest since May 30 last year. They
traded at 22.90 euros at 11:47 a.m. local time.
Read more at Bloomberg Energy News
climbed to their highest in almost a year, boosting the price of
electricity for next year in the region amid speculation that a
shortage of allowances through 2012 may exist.
Emission permits for December 2008 rose as much as 93
cents, or 4.2 percent, to 23.05 euros ($31) a metric ton,
according to prices from the European Climate Exchange in
Amsterdam. That's their highest since May 30 last year. They
traded at 22.90 euros at 11:47 a.m. local time.
Read more at Bloomberg Energy News
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