Wednesday, June 20, 2007

Emission Permits Are Steady Near One-Month Low After Germany Proposes Sale

(Bloomberg) -- European Union emission permits were
little changed near their lowest in a month as Germany proposed to
hold sales of allowances, potentially earlier than expected.

Permits for delivery in December 2008 rose 21 cents, or 1
percent, to 21.40 euros ($29) a metric ton, according to the
European Climate Exchange in Amsterdam at 10:45 a.m. It reached as
low as 20.60 euros yesterday, the lowest price for the benchmark
permits since May 15.


Read more at Bloomberg Energy News

No comments: