EU Market: EUAs retreat on ‘fact-selling’ as Commission releases climate plan

Published 17:32 on September 17, 2020  /  Last updated at 18:27 on September 17, 2020  /  EMEA, EU ETS  /  No Comments

European carbon prices retreated by more than 5% on Thursday on what traders said was a 'buy the rumour, sell the fact' response to the European Commission publishing its plan to raise the EU's 2030 emissions reduction target.

European carbon prices retreated by more than 5% on Thursday on what traders said was a ‘buy the rumour, sell the fact’ response to the European Commission publishing its plan to raise the EU’s 2030 emissions reduction target.

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