TITLE

EU Carbon Price Rallies On Offset Supply Fears

AUTHOR(S)
Watson, Frank
PUB. DATE
September 2010
SOURCE
Aviation Week & Space Technology;9/6/2010, Vol. 172 Issue 33, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that European Union carbon emission allowance (EUA) prices rose in August, 2010. The increase is partially attributed to the United Nations (UN) reducing the supply of emission offset credits related to the greenhouse gas hydrofluorocarbon-23. Environmentalists had charged that the credits were so profitable, some chemical industry companies were deliberately producing the gas as a waste product in order to destroy it for the credits.
ACCESSION #
54500218

 

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