Euro Markets: UKAs climb over 3% on linkage news, EUAs ease as funds cut length ahead of review

Published 17:24 on July 15, 2026 / Last updated at 17:31 on July 15, 2026 / and / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices eased back on Wednesday, as investment funds cut their overall net length in the leadup to Friday's EU ETS reform package presentation, while UK allowances rose steeply in the afternoon after comments from an influential EU MEP suggested an agreement to link the EU and UK ETS's could be signed next week.
European carbon prices eased back on Wednesday, as investment funds cut their overall net length in the leadup to Friday's EU ETS reform package presentation, while UK allowances rose steeply in the afternoon after comments from an influential EU MEP suggested an agreement to link the EU and UK ETS's could be signed next week.


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