EU Carbon Prices Crash To Phase II Low Amid Economic Gloom
European Union emission allowance (EUA) prices crashed to €7.71 ($10.36) per metric ton on Nov. 25—their lowest level yet seen in the 2008-12 second phase of the cap-and-trade program. The price of EUAs for delivery in December this year has fallen from as high as €17.00 per metric ton in May, due...
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