| European carbon trading volumes fell 31 per cent year-on-year in November despite a record number of permits sold by governments, data compiled by Reuters showed. A total 834.6 million tonnes of carbon dioxide traded on Europe's main four emissions exchanges last month, up 6 per cent from October but down from a record 1.22 billion transacted a year earlier.
Governments auctioned a record 84.5 million spot EU Allowances (EUAs) on the bourses, while a further 34.7 million options contracts changed hands, the data showed.....................................Full Article: Source
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