EU to withdraw additional 397 Mt from ETS through summer 2020

Published 17:41 on May 15, 2019  /  Last updated at 22:23 on May 15, 2019  /  EMEA, EU ETS  /  No Comments

Nearly 400 million more carbon allowances will be withdrawn from the EU ETS through next summer and inserted into the MSR, the European Commission announced late Wednesday in its annual 'TNAC' update, with the market's oversupply figure rising slightly year-on-year to top analyst expectations.

Nearly 400 million more carbon allowances will be withdrawn from the EU ETS through next summer and inserted into the MSR, the European Commission announced late Wednesday in its annual ‘TNAC’ update, with the market’s oversupply figure rising slightly year-on-year to top analyst expectations.

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