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EU Carbon Has First Weekly Gain This Month as Crude Advances

2016-05-23 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon allowances rose for the first week since March as crude oil extended gains and nations evaluated a French idea to introduce a floor price. Benchmark permits advanced 2.2 percent amid lower volumes as crude rose a second week. Its too early to say if therell be enough support among member states to install a minimum price into the market, an idea pushed by French Environment Minister Segolene Royal, an official who asked not to be identified because the talks are private...

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