LONDON (Reuters) - European carbon emissions futures rose 1 percent on Wednesday after a slow start to trading, as British natural gas prices surged.
EU Allowances for December delivery rose 14 cents or 0.94 percent to 15.05 euros ($20) a tonne at 1321 GMT, with volume at 3,264 lots traded.
EUAs were largely flat in earlier trade but started to rise as volume built up and UK gas prices climbed.