Contributed Content > COMMENT: Why BNEF thinks the EU ETS does not need a price ceiling

COMMENT: Why BNEF thinks the EU ETS does not need a price ceiling

Published 01:00 on July 20, 2020  /  Last updated at 00:21 on July 20, 2020  /  Contributed Content, EMEA, EU ETS, Other Content  /  No Comments

The price of EUAs topped €30 on July 13, the highest since 2006. At that point, EUAs had risen by over 60% since May 12, and had almost doubled compared to their March lows. The rally has prompted the discussion around additional stability mechanisms. Analysts at BloombergNEF discussed the concept of a carbon price floor after EUAs declined almost 40% in March. This time, the price spike has raised the question of the need for a carbon price ceiling.

By Bo Qin – Associate, European Power Transition Team and Jahn Olsen – Lead EU Carbon Analyst, European Power Transition Team at BloombergNEF (BNEF)

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

LinkedIn
Powered by Magic Members Membership Software