EU Emission Allowance Prices Continue To Ride Crest of High Oil Prices
European Union emission allowance (EUA) prices in the EU Emissions Trading Scheme powered up to a fresh two-year high of €26.65 ($41.84) per metric ton of CO2 equivalent on May 27, dragged up by new all-time highs on world crude oil prices achieved the previous week. EUAs for December 2008 delivery...
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