| Sourced From Bloomberg.com |
Nov. 9 (Bloomberg) — Industrial companies may sell fewer European Union carbon permits in the last months of 2009 than previously estimated amid signs that the continents economy is recovering, according to UniCredit SpA.
EU allowances for December may trade between 14 euros ($21) and 15 euros a metric ton through the end of 2009, driven mainly by commodity prices and weather conditions, said Nele Glienke, an analyst at UniCredits Carbon Solutions Team in Munich. The EU emission-trading system is the largest greenhouse-gas market.
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