EU Market: EUAs slide to 1-month low as draft German coal exit law stokes selling

Published 19:15 on November 12, 2019  /  Last updated at 22:52 on November 12, 2019  /  EMEA, EU ETS  /  No Comments

EU carbon crashed by more than a euro to a one-month low below €24 on Tuesday as bearish reactions to a next-year start and a lack of firm EUA cancellation plans in Germany's coal phaseout bill triggered selling.

EU carbon crashed by more than a euro to a one-month low below €24 on Tuesday as bearish reactions to a next-year start and a lack of firm EUA cancellation plans in Germany’s coal phaseout bill triggered selling.

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