Euro Markets: EUAs tumble on lawmaker price control threat

Published 19:28 on February 9, 2022  /  Last updated at 17:20 on March 10, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EU carbon allowances suffered their biggest one-day loss since Dec. 17 as traders sold aggressively on reports that EU lawmakers are considering more ambitious price control mechanisms for the EU ETS, while the UK's latest auction triggered additional selling as British utilities swapped EUAs for UKAs.

EU carbon allowances suffered their biggest one-day loss since Dec. 17 as traders sold aggressively on reports that EU lawmakers are considering more ambitious price control mechanisms for the EU ETS, while the UK’s latest auction triggered additional selling as British utilities swapped EUAs for UKAs.

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