25.01.2013 - EU carbon price crashes to record low
Price of a permit to emit a tonne of carbon fell to 2.81 after an EU vote against a proposal to support the struggling market. The European Union's flagship climate policy, its emissions trading scheme (ETS), saw the price of carbon crash to a record low on Thursday after a vote in Brussels against a proposal to support the struggling market. The price of a permit to emit a tonne of carbon dioxide fell 40% at one point to 2.81 today, far below its record high of 32, before recovering to more than 4 later in the day...............................................Full Article: Source
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