ICE Cleared 2013 Carbon Trade Worth About 195 Million Euros

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A European Union carbon trade worth about 195 million euros was cleared on the ICE Futures Europe exchange yesterday.

The trade of 24.68 million metric tons of December 2013 carbon allowances that may have been brokered or carried out directly between the buyer and the seller was at an undisclosed price, according to data from the exchange. The contract traded at 7.90 euros ($10.06) a ton 49 seconds later, the data show.