Thursday, June 7, 2007

Carbon Dioxide Emission Permits Rise, Pushing German Power Prices Higher

(Bloomberg) -- European Union carbon dioxide permits
rose for the first day in three, pushing German power prices
higher.

Emission permits for delivery in December 2008 rose as much as
65 cents, or 2.8 percent, to 24 euros ($32) a metric ton, according
to the European Climate Exchange in Amsterdam. They were at 23.75
euros a ton at 8:45 a.m. local time.


Read more at Bloomberg Energy News

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