EMEA > Euro Markets: EUAs slow to reflect sharp jumps in energy amid Middle East conflict, natural gas adds 15%

Euro Markets: EUAs slow to reflect sharp jumps in energy amid Middle East conflict, natural gas adds 15%

Published 17:24 on October 9, 2023  /  Last updated at 17:48 on October 9, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices made modest gains on Monday compared with a sharply higher energy complex, driven by rising geopolitical tensions in the Middle East and renewed threats of Australian LNG strikes, as a persistently gloomy macroeconomic outlook appeared to dampen the impact of short-term security concerns on the region's carbon market.
European carbon prices made modest gains on Monday compared with a sharply higher energy complex, driven by rising geopolitical tensions in the Middle East and renewed threats of Australian LNG strikes, as a persistently gloomy macroeconomic outlook appeared to dampen the impact of short-term security concerns on the region's carbon market.


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