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EU Carbon Prices Plunge to Record Lows

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Carbon prices hit record lows today after the European Parliament rejected an emergency plan to boost the ailing EU carbon market. In a 334-315 vote, with more than 60 abstentions, lawmakers rejected a proposal to postpone — or backload — the auctioning of 900 million EU Emissions Trading Scheme allowances from the years 2013-2015 to […]

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