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EU carbon prices tumble to 3-week low on lower energy, European Central Bank move

Posted on 05 September 2014

European carbon prices fell for a third consecutive day on Thursday, hitting a three-week low on selling by industrials and speculators and as the European Central Bank cut interest rates to combat flagging growth in the euro zone.
Front-year EU Allowance futures, trading on ICE, stood at 6.15 euros/tonne by 1403 GMT, after slipping to an intraday low of 6.09 euros moments earlier - a drop of 25 cents or 3.9 per cent from Wednesday’s settlement………………………………………..Full Article: Source


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