January 14, 2014 / 11:00 AM / 4 years ago

EU carbon permit auction clears at 4.73 eur/t-trader

1 Min Read

LONDON (Reuters) - The European Union sold 4.019 million spot EU carbon permits from its emissions trading scheme on EEX at 4.73 euros per tonne each on Tuesday, a trader said.

The sale attracted bids for 18.6 million units.

The benchmark EU carbon futures contract was trading at 4.77 euros a tonne just before the auction closed at 0959 GMT.

Reporting By Susanna Twidale

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