LONDON (Reuters) - European carbon emissions futures were down 3 cents or 0.2 percent in early trade on Wednesday, following strong gains on Tuesday.
EU Allowances for December delivery in 2011 were trading at 16.03 euros ($21.51) a tonne at 0705 GMT.
Dec-10 certified emissions reductions (CERs) were unchanged at 13 euros a tonne, setting the EUA-CER spread at 3.03 euros.
