EU carbon the weakest H1 performer amid conflicting influences of reviving coal use and macro worries

Published 16:16 on July 8, 2022  /  Last updated at 16:16 on July 8, 2022  /  EMEA, EU ETS  /  No Comments

EU ETS prices ended H1 2022 nearly 12% higher than where they ended 2021, as soaring energy costs have raised the spectre of carbon demand destruction despite a steady bullish drumbeat coming from the revival in coal-fired power generation as Europe accelerates its switch away from Russian fossil fuels.

EU ETS prices ended H1 2022 nearly 12% higher than where they ended 2021, as soaring energy costs have raised the spectre of carbon demand destruction despite a steady bullish drumbeat coming from the revival in coal-fired power generation as Europe accelerates its switch away from Russian fossil fuels.

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