Carbon allowances for the second phase of the EU ETS gained in value yesterday while first phase allowances were traded sideways.
Phase two allowances traded within a 15.70-16.05 range before closing at 15.75, up 30 cents from Wednesday. A utility, an oil company and two banks were said to be the main buyers on the 2008 contract, although no reason were given for their buying interest, according to Point Carbon.However, earlier this week at a conference in London, several players gave bearish predictions on the CO2
Donnerstag, 2.11.2006, 08:03 Uhr
Redaktion
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