EU auctions 1.582 million emission quotas at 85.52 euro/t

EU auctions 1582 million emission quotas at 8552 eurot

(Finance) – The European Union has sold 1.582 million emission allowances (EUA) on the European Energy Exchange (EEX) a 85.52 euros per ton today, according to the report of the same exchange.

The European Union Allowance (EUA) is the official name of the European emission allowances; each of them allows the holder to emit one ton of CO2 or other equivalent greenhouse gas.

(Photo: Marek Piwnicki on Unsplash)

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