Brussels should be “very careful not to intervene” in EU carbon market, says Commission’s climate chief

Published 10:10 on May 7, 2021  /  Last updated at 12:21 on May 7, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

The European Commission should be “very careful not to intervene” in the EU ETS amid the recent speculator-led rally that has brought allowance prices to a record above €50 this week, the bloc’s climate chief said Friday.

The European Commission should be “very careful not to intervene” in the EU ETS amid the recent speculator-led rally that has brought allowance prices to a record above €50 this week, the bloc’s climate chief said Friday.

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