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EU Carbon Permits Drop Amid Doubt Europe Will Adopt Price Floor

2016-06-13 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon allowances declined at the fastest pace since June 1 amid skepticism that the region will adopt a proposal by France to include a minimum price in almost-daily auctions of the contracts. Benchmark allowances fell as much as 3.3 percent Friday as Segolene Royal, Frances energy and environment minister, at a conference in Paris urged EU members to consider adopting a floor in the market as the price of carbon in Europe isnt high enough to trigger investments needed to replace...

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