EU to sell 300M carbon credits

EU to push ahead with NER sales

The EU will continue with its plan to sell 300 million carbon permits over the next two years, even if low EU Allowance prices result in fewer clean energy projects than previously expected, Europe’s top climate official said Friday.

Portugal is in the game

Portugal to use CO2 permit cash to cap power prices

Environmental group Quercus on Friday attacked plans by Portugal’s economy ministry to use at least 80 percent of funds raised from selling CO2 emissions rights to keep a lid on the country’s power prices.

European carbon prices fall again

EUAs slip 2 pct as euro zone rescue hopes fade

European carbon prices fell 2 percent Friday, losing gains made earlier in the day after new doubts about Europe’s ability to negotiate a rescue package for Greece and concerns over fresh EUA supply dented the market.