European Union emission allowance (EUA) prices rebounded in April, after cheaper prices attracted buyers back into the market. EUAs for December 2012 delivery under the EU Emissions Trading System (ETS) fell as low as €6.23 ($8.27) per metric ton on April 4, an all-time closing low for the 2012 contract. The weakness in early April reflected ongoing slowness in European economic growth, as government figures showed that countries including the U.K. slipped back into a double-dip ...
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