(Bloomberg) -- European Union carbon dioxide
permits rebounded from their lowest in 11 weeks, as the price of
coal fell for the first day in 10, potentially increasing demand
for allowances to burn the fuel at power plants.
Permits for December 2008 rose 37 cents, or 2 percent, to
close at 19.25 euros ($26.54) a metric ton on the European
Climate Exchange in Amsterdam. They earlier dropped as much as
3.9 percent to 18.15 euros, their lowest since April 27.
Read more at Bloomberg Energy News
permits rebounded from their lowest in 11 weeks, as the price of
coal fell for the first day in 10, potentially increasing demand
for allowances to burn the fuel at power plants.
Permits for December 2008 rose 37 cents, or 2 percent, to
close at 19.25 euros ($26.54) a metric ton on the European
Climate Exchange in Amsterdam. They earlier dropped as much as
3.9 percent to 18.15 euros, their lowest since April 27.
Read more at Bloomberg Energy News
No comments:
Post a Comment