EU Market: EUAs climb to 2-wk high as reform talk pushes shorts out

Published 21:09 on September 16, 2016  /  Last updated at 16:39 on September 19, 2016  /  EMEA, EU ETS  /  No Comments

EU carbon prices rose 5% to a two-week high on Friday as signs that lawmakers are prepared to pass more ambitious reforms and a bullish energy complex forced nervous shorts to continue covering their positions.

EU carbon prices rose 5% to a two-week high on Friday as signs that lawmakers are prepared to pass more ambitious reforms and a bullish energy complex forced nervous shorts to continue covering their positions.

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