EU Carbon Allowances Have Biggest Two-Week Gain Since August
This article is for subscribers only.
European Union carbon permits had their biggest two-week gain since August, as policy makers weigh intervening in the market and natural gas and power contracts advanced.
EU allowances for December rose 8.3 percent to 4.55 euros ($6.08) a metric ton, taking the two-week increase to 11 percent, according to data from ICE Futures Europe in London. United Nations Certified Emission Reduction credits for December 2017 rose 1.5 percent today to 67 euro cents, their highest since Jan. 15.