Carbon Falls to 2-Month Low as U.K. Emissions Drop Cools Demand
This article is for subscribers only.
Carbon fell to a two-month low as a bigger-than-expected drop in greenhouse-gas emissions from U.K. power stations signaled demand for pollution permits may decline across Europe.
European Union carbon permits fell as much as 11 percent to their lowest since Jan. 25, according to the ICE Futures Europe exchange in London. Trading volume for the December 2014 benchmark contract more than tripled to a record.