CLARIFICATION: EUAs to feature in new hybrid voluntary carbon contract

Published 16:49 on June 16, 2022  /  Last updated at 10:44 on June 17, 2022  /  EMEA, EU ETS, International, Voluntary Market  /  No Comments

EU ETS allowances will be used as a substitute for removals units in a new global “hybrid” credit for the voluntary carbon market (VCM) until the removals market develops enough liquidity, the contract's developers said on Thursday.

(Clarifies that the EUAs traded as part of the GER are issued at the point of trade and not retired as previously suggested. Also includes update relating to Nodal futures and retirements)

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.