Reuters: European carbon edged up more than 1 percent on Thursday after a sale for nearly half of the 5 million permits expected by the market this week was postponed, spurring utilities to buy allowances. Front-year EU Allowance futures added 8 cents to 7.80 by 1541 GMT on light volume of 9.2 million units. "There's a little bit of demand, mainly utility hedging ... (but) carbon's struggling to go in either direction. A lot of people want to short this but others still want to buy it for hedging purposes,"...
URL: http://www.reuters.com/article/2012/10/11/us-markets-point-carbon-idUSBRE89A13420121011?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
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