EU carbon could soon “break loose” from fuel-switching dynamics for a move higher -analysts

Published 23:50 on June 8, 2021  /  Last updated at 23:50 on June 8, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon allowances may soon "break loose" from their correlation to utility coal-to-gas switching levels and gravitate towards the higher prices of €75-100 thought needed to continue decarbonising the bloc’s economy, analysts said this week.

EU carbon allowances may soon “break loose” from their correlation to utility coal-to-gas switching levels and gravitate towards the higher prices of €75-100 thought needed to continue decarbonising the bloc’s economy, analysts said this week.

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