| European Union carbon-dioxide prices rebounded as the German environment ministry said it is willing to consider measures that would strengthen the European Union’s emissions trading system.
Prices in the world’s biggest cap-and-trade carbon program rose as much as 2.1 percent to 5.35 euros a metric ton, the highest level in six weeks. They are still 34 percent down this year amid a persistent oversupply of permits to pollute. The market failed to draw support from the global climate deal reached in Paris and and EU agreement to introduce in 2019 the Market Stability Reserve, a tool which will help limit the glut of allowances...............................................Full Article: Source
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