ECONOMY

Greece sells 750,000 EU carbon permits

Greece sold 750,000 European Union carbon permits at 5.78 euros a metric ton at auction Wednesday, according to the Athens Exchange.

Bids totaled 2.1 million tons, or 2.8 times the amount on offer, Alexandra Grispou, a spokeswoman for the exchange, said in an e-mailed statement.

The country will not hold any further carbon permit sales this year, Grispou said.

[Bloomberg]

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