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The article reports that the price of European Union emission allowances (EUAs) under the European Union Emissions Trading Scheme stabilized in December, after losing ground throughout most of November. December 2009 EUAs slipped in the first few days of last month, dropping as low as €14.17 ($20.10) per metric ton of carbon dioxide equivalent as falling oil prices weighed on sentiment. December 2009 prices broadly held steady for the remainder of last month, trading mostly in a range of €15.50-16 per metric ton.