LONDON (Reuters) - European Union carbon prices fell nearly 1 percent early on Monday, tracking power prices, traders said.
EU Allowances for December delivery were down 12 cents or 0.8 percent at 14.37 euros ($18.34) a tonne at 0830 GMT, with light volume at 846 lots traded.
"It's been firm for so long it's ignored a lot of fundamental data for quite a while," said one trader.