Sun, Apr 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

London hails position as carbon trading hub following latest auction

Posted on 22 November 2012

The UK government successfully completed the first auction of carbon allowances for phase III of the EU emissions trading scheme (ETS) yesterday, selling 6.5 million allowances at a clearing price of €6.62 a tonne.
The Department of Energy and Climate Change said the auction, which was handled by exchange specialist ICE Futures Europe, raised approximately £34m for the Exchequer and further cemented London’s position as the world’s leading carbon trading hub………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930