EMEA > Compliance Markets & Taxes > Euro Markets: EUAs claw back 3.5% sell-off while UKAs plummet 17% amid heavy selling before rallying

Euro Markets: EUAs claw back 3.5% sell-off while UKAs plummet 17% amid heavy selling before rallying

Published 17:45 on February 11, 2026 / Last updated at 18:30 on February 11, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices extended their run of losses on Wednesday, falling to a four-month low before recovering strongly late in the day, as traders continued to react to news reporting around the debate over reforms to the EU ETS, as well as a leak suggesting that some industrial sectors may see a smaller reduction in their free allocation of EUAs for 2026, while UKAs swung violently after some determined selling dropped the market by as much as 17% in the morning.
European carbon prices extended their run of losses on Wednesday, falling to a four-month low before recovering strongly late in the day, as traders continued to react to news reporting around the debate over reforms to the EU ETS, as well as a leak suggesting that some industrial sectors may see a smaller reduction in their free allocation of EUAs for 2026, while UKAs swung violently after some determined selling dropped the market by as much as 17% in the morning.


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