Germanyis selling permits today via the European Energy Exchange AG in Leipzig, afterit canceled a weekly auction on Feb. 22, the second failure this year, whenbids didn’t meet the secret reserve level.
Pricesmay
EU’s carbon glut poses auction risk
Europe’s carbon prices may sink to a new low as political wrangling over a plan to cut a record glut of permits in the world’s biggest cap-and-trade market risks deterring investors from national auctions, Bloomberg News reported.
