Markets
EEX cancels German CO2 permit auction on lack of demand
18 Jan 2013 11:33
Last updated: 18 Jan 2013 15:27
LONDON, Jan 18 (Reuters) - German energy bourse EEX was forced to cancel an auction of 4.02 million spot EU carbon permits from the 2013-2020 trading phase on behalf of Germany on Friday after the reference price was not reached, underscoring weak demand that has slashed carbon prices.
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