European carbon prices fell sharply on Thursday (27 April) after member states announced they had polluted less in 2005 than the allowed targets set by the bloc's emission trading scheme.
"We have noted the fall in the prices and we have also noted the claims that there have been over allocations of emission credits in particularly four countries," said a European Commission spokesperson.\n \n"I must say this is good news for the environment first of all," she said, adding that it was t...
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