UK Markets open in 3 hrs 38 mins
  • NIKKEI 225

    29,665.42
    -174.29 (-0.58%)
     
  • HANG SENG

    24,221.54
    +122.40 (+0.51%)
     
  • CRUDE OIL

    70.51
    -0.05 (-0.07%)
     
  • GOLD FUTURES

    1,778.30
    +0.10 (+0.01%)
     
  • DOW

    33,919.84
    -50.63 (-0.15%)
     
  • BTC-GBP

    32,565.74
    -2,671.21 (-7.58%)
     
  • CMC Crypto 200

    1,043.73
    -20.11 (-1.89%)
     
  • Nasdaq

    14,746.40
    +32.49 (+0.22%)
     
  • ^FTAS

    4,029.01
    +42.11 (+1.06%)
     

Britain auctions 2.59 million carbon permits at 48.75 pounds/tonne each

LONDON (Reuters) - Britain auctioned 2,594,000 UK emission permits at 48.75 pounds ($66.79) a tonne each on Wednesday, the ICE website showed.

Out of 17 bidders, nine were successful and the auction had a cover ratio of 3.32, the data showed.

Britain's Emissions Trading System (ETS) started trading in May to replace the European Union's ETS after the country left the bloc.

($1 = 0.7299 pounds)

(Reporting By Susanna Twidale; editing by David Evans)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting