Thursday, June 28, 2007

Carbon Emission Permits Climb to Three-Day High as German Power Advances

(Bloomberg) -- European Union emission permits
rose to their highest in three days as German power
advanced, potentially making generation more profitable.

EU carbon dioxide emission permits for December 2008
gained 37 cents, or 1.7 percent, to 21.80 euros ($29.33) a
metric ton on the European Climate Exchange in Amsterdam at
9:18 a.m. local time. They earlier traded as high as 21.85
euros a ton, their highest since June 25.


Read more at Bloomberg Energy News

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