Spectron brokers first 2012 CO 2 allowance trade

The first 2012 European CO 2 allowances (EUAs) have been traded through energy broker Spectron.

5,000 tonnes of EUAs, for delivery in December 2012, were traded at EUR 26.95/TCO2, between counterparties who wish to remain anonymous.

2012 is the last year of the second phase of the EU Emissions trading scheme, which starts in 2008. “We are very pleased to have been involved in such a landmark trade,” said James Blunt, head of Spectron’s emissions desk in London. “The deal is a clear indication that the market is taking Phase Two seriously.”

This second trading period is significant because

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