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Carbon rises to two-week high as EU policy makers weigh glut fix

Posted on 07 February 2013

European Union carbon permits rose to their highest in two weeks as policy makers consider a plan to combat a glut of allowances by limiting their supply.
EU carbon permits for December rose as much as 7.7 percent to 4.76 euros ($6.44) a ton on London’s ICE Futures Europe exchange and were at 4.73 euros at 11:58 a.m. in London. United Nations Certified Emission Reduction credits for December rose 2 cents to 36 cents a ton………………………………………..Full Article: Source


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