Monday, July 9, 2007

Carbon Emission Permits in Europe Rise as U.K. Natural Gas Prices Advance

(Bloomberg) -- European Union carbon dioxide permits
rose after U.K. day-ahead natural-gas prices reached their
highest this year.

Emission permits for delivery in December 2008 added 25
cents, or 1.2 percent, to 22.05 euros ($30.06) a metric ton,
according to prices from the European Climate Exchange in
Amsterdam at 9:52 a.m. local time. They earlier traded as high
as 22.30 euros, their highest since July 2.


Read more at Bloomberg Energy News

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