EMEA > Euro Markets: EUAs rise to four-week high amid short squeeze as market awaits Council reform position

Euro Markets: EUAs rise to four-week high amid short squeeze as market awaits Council reform position

Published 17:21 on June 28, 2022  /  Last updated at 16:25 on February 8, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUAs rallied amid a short squeeze after a weak opening on Tuesday as the market awaited a united position among member states on ETS reforms, while energy prices sagged as the EU sought more ways to cut gas consumption.
EUAs rallied amid a short squeeze after a weak opening on Tuesday as the market awaited a united position among member states on ETS reforms, while energy prices sagged as the EU sought more ways to cut gas consumption.


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.