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EU carbon dips after hitting two-week high

Posted on 16 January 2014

European carbon prices were on course to end a three-day bull-run on Wednesday as traders sold permits shortly after prices broke above 5 euros for only the second time this year.
By 1605 GMT, the December 2014 EU Allowance was down 6 cents at 4.85 euros ($6.64). The benchmark carbon contract fell back from a morning peak of 5.04 euros, its highest since Dec. 30, which marked an 11-per cent gain from peak-to-trough since Friday………………………………………..Full Article: Source

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