(Reuters) – European carbon emissions futures hovered around 15.30 euros ($19.34) a tonne on Wednesday, recovering from early losses, but trading sideways as they sought direction.

EU Allowances for December delivery inched up by 4 cent or 0.26 percent to 15.31 euros a tonne at 1343 GMT, with volume at 2,222 lots traded.

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Tags: Carbon Emissions, Carbon Trading, EU allowances