Insights > Briefings > BRIEFING: Periods of conflict heighten two-way causal relationship between coal prices, EUAs

BRIEFING: Periods of conflict heighten two-way causal relationship between coal prices, EUAs

Published 14:38 on March 26, 2026 / Last updated at 14:38 on March 26, 2026 / / EMEA (Compliance Markets & Taxes, Europe, Middle East), Insights (Briefings)

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A dynamic, two-way relationship often emerges between coal and EU Allowance (EUA) prices during instances of acute geopolitical conflict, as the war in the Middle East continues to show signs of further escalation, according to peer-reviewed analysis.
A dynamic, two-way relationship often emerges between coal and EU Allowance (EUA) prices during instances of acute geopolitical conflict, as the war in the Middle East continues to show signs of further escalation, according to peer-reviewed analysis.


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