EU Carbon Prices Sink To New Low, Rebound On Committee Vote
European Union emission allowance (EUA) prices sank to €6.95 per metric ton ($9.08 per metric ton) on Dec. 14, 2011, a new low for the 2008-12 Phase II of the EU Emissions Trading System. The price weakness in November and December reflected ongoing troubles in the EU economy as several member-state...
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