Nearly 400 million more carbon allowances will be withdrawn from the EU ETS through next summer and inserted into the MSR, the European Commission announced late Wednesday in its annual ‘TNAC’ update, with the market’s oversupply figure rising slightly year-on-year to top analyst expectations.
EU to withdraw additional 397 Mt from ETS through summer 2020
Nearly 400 million more carbon allowances will be withdrawn from the EU ETS through next summer and inserted into the MSR, the European Commission announced late Wednesday in its annual 'TNAC' update, with the market's oversupply figure rising slightly year-on-year to top analyst expectations.
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