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UN Carbon Has Biggest Jump Since 2011 as EU Factories Tap Quota
2013-05-10 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: United Nations Certified Emission Reduction credits had their biggest one-day gain since Dec. 20, 2011 amid speculation factories and utilities are using the carbon offsets to meet European Union pollution targets. CERs for December rose 18 percent to close at 40 euro cents ($0.52) a metric ton on the ICE Futures Europe exchange in London. The contract has jumped 33 percent since May 3 and is heading for its biggest-ever weekly increase. Factories, power stations and airlines in the EU carbon...
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Category:Electronics and Electrical