| Tepid interest in market reflects legal uncertainty and effect of shale boom on electricity sector. The price of carbon dioxide in fledgling US emissions markets has been softening even as officials try to encourage investment in projects that spew fewer heat-trapping gases.
Futures contracts on carbon credits in the US north-east were this week trading for $4.64 per short ton on the ICE Futures US exchange, down from a peak above $8 in January. An auction for allowances scheduled Wednesday was also expected to draw bids in the $4 range, brokers said...............................................Full Article: Source
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