22.07.2015 - EU carbon price tops €8 for first time since 2012
EU carbon allowances (EUAs) hit their highest levels since 2012 yesterday, breaking the €8 mark for the first time in years as the market continued its recent bullish sentiment. Trading of allowances for December reached a high of €8.01 before closing at €7.99 a ton on the ICE exchange. The performance represented the first time since 2012 that the carbon price had topped €8, continuing a recovery that saw prices slump below €3 in 2013 as the market battled with a glut of allowances caused by the financial crash and resulting slump in industrial production...............................................Full Article: Source
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