Euro Markets: EUAs leap more than 5% after new German govt eyes €60 price floor

Published 19:30 on November 24, 2021  /  Last updated at 00:03 on November 25, 2021  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices leaped by more than 5% to a new record on Wednesday after Germany's incoming coalition government agreed a deal to take action to ensure the carbon price applied to its emitters under the EU ETS will not fall below €60 in the long term.

EUA prices leaped by more than 5% to a new record on Wednesday after Germany’s incoming coalition government agreed a deal to take action to ensure the carbon price applied to its emitters under the EU ETS will not fall below €60 in the long term.

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