EU Carbon Falls Below 8 Euros a Ton for First Time Since Nov. 5

European Union carbon permits for December fell below 8 euros a metric ton for the first time in nine days after the European Union published a report on long- term improvements to its carbon market.

The benchmark contract declined as much as 5 percent to 7.98 euros a ton on London’s ICE Futures Europe exchange, and was at 8.03 euros at 11:56 a.m.

To contact the reporter on this story: Alessandro Vitelli in London at avitelli1@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.