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>EE&PL's look at the news, focusing on the surprise drop in carbon permits, packaging-heavy Easter eggs, oil-thwarted development efforts, gloomy planet warnings and 'Earth Hour's' success
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EE&PL's look at the news, focusing on the surprise drop in carbon permits, packaging-heavy Easter eggs, oil-thwarted development efforts, gloomy planet warnings and 'Earth Hour's' success
Carbon permits plunged to a record low after European Union data showed emissions from factories and power stations in the region fell more than expected last year amid milder-than-normal weather. Emissions decreased to 1.7 billion metric tons in 2011 from 1.75 billion tons for the same installations in 2010, according to preliminary data published today on the EU website and compiled by Bloomberg New Energy Finance. The median estimate of seven analysts surveyed last month by Bloomberg was for a 0.7 per cent advance. Today's data covers about 88 per cent of facilities in the market.
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