EMEA > EU Market: Carbon plummets 13% to sub-€20 levels as wider markets gripped by virus-fuelled sell-off

EU Market: Carbon plummets 13% to sub-€20 levels as wider markets gripped by virus-fuelled sell-off

Published 18:20 on March 16, 2020  /  Last updated at 02:33 on March 17, 2020  /  EMEA, EU ETS  /  No Comments

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 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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