Pollution Permits to Gain 28% as EU Cuts Supply Glut European pollution permit prices are poised to rise as lawmakers work on a proposal to permanently cut a record supply in their system. Carbon allowances will climb 28 percent to 7.50 euros ($10.21) a metric ton by December after jumping 18 percent in the first six months of the year, according to the median of 11 estimates compiled by Bloomberg. UBS AG in Zurich says prices will rise 71 percent, while Paris-based Societe Generale SA expects gains of about 11 percent. They slumped to as low as 2.46 euros in 2013.
Posted on: Sun, 13 Jul 2014 10:20:51 +0000
Trending Topics
Recently Viewed Topics
© 2015