Euro Markets: EUAs track gas prices as market considers risk of Australian LNG strike action

Published 12:30 on August 21, 2023  /  Last updated at 17:16 on August 21, 2023  / Roy Manuell /  EMEA, EU ETS, UK ETS

European carbon allowance prices tracked volatile movements on gas markets on Monday as the risk of industrial action at Australian LNG terminals supported prices, while a below-market auction filtered in some weakness into EUAs. 
European carbon allowance prices tracked volatile movements on gas markets on Monday as the risk of industrial action at Australian LNG terminals supported prices, while a below-market auction filtered in some weakness into EUAs. 


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