EU Market: EUA prices surge by 10% as UK signals ETS preference

Published 10:51 on March 21, 2018  /  Last updated at 00:09 on March 22, 2018  /  EMEA, EU ETS  /  No Comments

EU carbon prices surged by more than 10% to a new 6.5-year high on Wednesday as Britain's climate minister said that while cap-and-trade remained the UK government's preferred carbon pricing method post-Brexit and that it aimed to keep the country in the EU ETS to at least 2020, Britain would consider other more ambitious opportunities elsewhere.

(Updates prices, adds analyst comments)

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.