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

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.
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.


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