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)

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