Euro Markets: Carbon sheds 2.9% as market focuses on gas price weakness and prospect of fuel switching

Published 17:12 on January 16, 2023  /  Last updated at 17:40 on January 16, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon began the week on a bearish note as energy prices extended losses for a fifth consecutive session on Monday, bringing the bearish prospect of coal-to-gas fuel switching closer than it has been for many months despite forecasts calling for a spell of lower temperatures.

European carbon began the week on a bearish note as energy prices extended losses for a fifth consecutive session on Monday, bringing the bearish prospect of coal-to-gas fuel switching closer than it has been for many months despite forecasts calling for a spell of lower temperatures.

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