20.10.2010 - EU carbon permits fall to three-week low on ‘huge overhang’

From Bloomberg: EU carbon-dioxide permits fell to a three-week low as a “huge overhang” of allowances damped demand while their premium over United Nations offsets widened. EU allowances for December dropped 36 cents, or 2.3 percent to 15.02 euros a metric ton as of 4:55 p.m. on London’s European Climate Exchange. That’s the sixth day of declines and the lowest intraday level since Sept. 24..............................................Full Article: Source

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