EU Carbon Permits Decline Along With Natural Gas, German Power
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Carbon allowances in the European Union’s emissions-trading system, the world’s largest, dropped along with natural gas and German electricity prices.
EU permits for December fell 0.6 percent to close at 14.41 euros ($18.42) a metric ton on London’s European Climate Exchange. They are still trading above their 30-day moving average of 14.27 euros.