EU Carbon Pares Gains as Analysts Revise 2013 Emissions Estimate
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Carbon permits pared gains as analysts said European Union data showed emissions from factories and power stations probably fell more than their predictions made earlier today.
The benchmark December carbon contract advanced 8.7 percent to 5.11 euros ($7.05) a metric ton on ICE Futures Europe in London. The futures had risen as much as 12 percent after the EU data was released.