EMEA > Euro Markets: EUAs breach technical resistance to lock in 2% gain, UKAs plummet 5% on free allocation proposal

Euro Markets: EUAs breach technical resistance to lock in 2% gain, UKAs plummet 5% on free allocation proposal

Published 12:17 on September 26, 2024  /  Last updated at 18:15 on September 26, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices climbed a further 2% on Thursday, breaking above a key technical resistance level in the afternoon, though plummeted after the settlement, tracking a drop in the TTF, while UKAs shed as much as 5% after the British government proposed a one-year extension to the current free allocation period.
European carbon prices climbed a further 2% on Thursday, breaking above a key technical resistance level in the afternoon, though plummeted after the settlement, tracking a drop in the TTF, while UKAs shed as much as 5% after the British government proposed a one-year extension to the current free allocation period.


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