Carbon dioxide prices rose unexpectedly on Monday after the European Union revealed that a serious oversupply of permits to pollute had undermined its fledgling scheme to combat climate change.
By Fiona Harvey in London and Raphael Minder in Brussels
Published: May 15 2006 21:09 | Last updated: May 15 2006 23:51
Carbon dioxide prices rose unexpectedly on Monday after the European Union revealed that a serious oversupply of permits to pollute had undermined its fledgling scheme to combat climate change.
