Permitsdropped 7 percent for the week as the profit from using coal in Germanyslipped 6.6 percent. Volumes sold in daily auctions next week will rise by morethan a quarter after two weeks of fewer sales because of Easter holidays.
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EU carbon price drops as auction supply increases
European Union carbon allowances fell for the first week since March 31 as rising coal prices squeezed profits for utilities using the fuel and auctioned supplies will increase next week, Bloomberg News reported.
