EU carbon prices close 2 percent higher

LONDON – Prices for European carbon emissions futures on Tuesday clawed back a little of Monday’s 9 percent falls, as bearish sentiment waned over a watered-down deal at the U.N. climate talks in Copenhagen. EU Allowances for December 2010 delivery closed 2.01 percent higher at 12.70 euros ($18.17) a tonne, with volume at 4,378 lots.

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Posted on January 7, 2010 · in Europe

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