EU carbon falls 2 percent, lacks energy price support

29-07-10

European carbon emission futures fell by two percent by mid-morning on Monday on a lack of support from energy prices and low industrial output, traders said.

EU Allowances for December delivery fell by 27 cents or 1.93 percent at 13.74 euros ($17.74) a tonne at 1016 GMT, having fallen as low as 13.67 euros. Volume was at 3,733 lots traded.

Source: www.reuters.com/article/idUSTRE66P36Q20100726

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Category: Carbon Emissions (CO2)and carbon capture