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Carbon collapse shows weaker EU manufacturing: Energy Markets

Posted on 24 November 2011

The slide in European Union carbon permits to their lowest level since 2009 is underlining how the region’s sovereign-debt crisis is hurting economic production.
Prices for the December 2011 contract sank 7.3 percent yesterday, taking their decline this year to 41 percent. European manufacturing shrank this month, London-based Markit Economics said……………………………………….Full Article: Source


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