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Emission permits fall to record low
Source: Posted: 01-03-2007 at 03:00:21
Bloomberg: EMISSION permits for this year, the last year of the three-year first phase of a European trading regime, fell to a record low as mild weather curbed energy demand, boosting a surplus of the allowances. European Union carbon dioxide permits for prompt delivery, trading in a market established in 2005 for power plants and factories, fell €1, or 15 per cent, to €5.48 ($A9.15) a tonne, according to prices from the Powernext exchange in Paris. This is the lowest price paid for an ...

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