20.06.2013 - Carbon drops most in four weeks as EU panel passes weakened fix
European Union carbon permits fell the most in four weeks as the European Parliamentís environment committee approved a weakened proposal to reduce a surplus of emissions allowances. The December futures contract lost 6.9 percent to close at 4.39 euros ($5.88) a metric ton on Londonís ICE Futures Europe exchange, the biggest decline since May 22. Earlier the contract fell as much as 7.2 percent to 4.36 euros a ton...............................................Full Article: Source
Print