Wednesday, April 18, 2007

Carbon Emission Permits Decline to Record Low as Polluters Sell Surpluses

(Bloomberg) -- Carbon dioxide emission permits for immediate delivery fell to a record as power plants and factories sold surplus allowances.

Emission permits covering the year 2007 lost 15 cents, or 22 percent, to a record 0.52 euros ($0.71) a metric ton, according to prices from the Powernext exchange in Paris. They had declined in each of the previous five sessions.


Read more at Bloomberg Energy News

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