(Bloomberg) -- European Union carbon dioxide permit prices for 2008 rose to their highest this year, making power production from plants burning fossil fuel more costly. Electricity contracts for next-year in Germany gained.
Permits for December 2008 rose for a fifth day, gaining as much as 47 cents, or 2.6 percent, to 18.30 euros ($24.79) a metric ton in Amsterdam, according to the European Climate Exchange. They were at 18.20 euros at 9:54 a.m. local time.
Read more at Bloomberg Energy News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment