Euro Markets: EUAs buckle under UK auction pressure, reach parity with British units

Published 20:49 on June 16, 2021  /  Last updated at 18:57 on July 14, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs gave back early gains on Wednesday as the fortnightly UK auction again weighed on Europe's carbon markets, with UK Allowances hitting a new low to trade at parity with their EU counterparts for the first time.

EUAs gave back early gains on Wednesday as the fortnightly UK auction again weighed on Europe’s carbon markets, with UK Allowances hitting a new low to trade at parity with their EU counterparts for the first time.

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