EU Carbon Price Rises in July on Speculative Play

European Union emissions allowance (EUA) prices posted modest gains in July, largely on the back of speculative activity, traders say. December 2009 EUAs closed at €13.20 ($18.48) per metric ton of CO2 equivalent on July 1, having traded in a range of €12.45 to 13.50 for most of June. But prices...

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