Carbon recorded an 11 month high Friday as the market made a fresh attempt to reach EUR 16. Emission rights ran up to EUR 15.98 late Friday on US GDP figures and end of month positioning by traders, said sources. EU allowances for 2010 delivery were last higher on 2 June, last year, when the market peaked at exactly EUR 16. The US GDP figures, which showed a 3.2% growth for the country in the first quarter of the year,
Lithuania to sell 50 mln tonnes of carbon credit
VILNIUS (Reuters) – Lithuania wants to sell 50 million tonnes of emission rights from its 2008-2012 period quota, the Lithuania environment ministry said on Monday
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Ukraine aims to earn $2 bln from CO2 rights sale
| Sourced From Forexyard.com |
KIEV, July 14 (Reuters) – Ukraine wants to earn $2 billion from the sale of carbon emission rights, funds that would help the country’s stretched finances, Prime Minister Yulia Tymoshenko said on Tuesday.
