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EU carbon declines as Polands auction debut set to boost supply

2013-09-15 15:36:22| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon permits dropped a second day as Poland prepared to auction allowances for the first time and German power prices fell. December permits fell as much as 3.7 percent to 4.96 euros ($6.58) a metric ton and were trading at 5 euros at 9:22 a.m. on the ICE Futures Europe exchange in London. Carbon jumped to as high as 5.56 euros on Sept. 9, the highest since January, as the EU regulator cut the free permits handed out to industry. Poland, the European Unions third-biggest emitter...

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