EC Proposes Delay In 2013-15 Auction

EU carbon dioxide allowances (EUAs) crashed in November after the system's regulator, the European Commission, proposed a delay to the auctioning of allowances in 2013-15. December 2012 EUAs rallied as high as €9.08 per metric ton ($11.71) ahead of the announcement on Nov. 12, and fell to €6.73 by...

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