EU carbon prices plummeted on Monday, falling below €20 for the first time in over a year as the coronavirus-fuelled sell-off in financial markets picked up pace despite governments ramping up emergency measures, including the US Federal Reserve slashing interest rates to zero.
EU Market: Carbon plummets 13% to sub-€20 levels as wider markets gripped by virus-fuelled sell-off
EU carbon prices plummeted on Monday, falling below €20 for the first time in over a year as the coronavirus-fuelled sell-off in financial markets picked up pace despite governments ramping up emergency measures, including the US Federal Reserve slashing interest rates to zero.
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