EMEA > Compliance Markets & Taxes > EU Market: EUAs surge above €30 as buyers stock up ahead of Commission climate plan reveal

EU Market: EUAs surge above €30 as buyers stock up ahead of Commission climate plan reveal

Published 19:29 on September 14, 2020 / Last updated at 22:55 on September 14, 2020 / / EMEA (Compliance Markets & Taxes, Europe)

Carbon Pulse Premium

EUAs soared by more than 8% to hit a two-month high and notch a record close above €30 on Monday, with the aggressive buying fuelled by the emergence of a draft of a European Commission proposal to raise the bloc's climate targets and cut supply by more than some had expected.
EUAs soared by more than 8% to hit a two-month high and notch a record close above €30 on Monday, with the aggressive buying fuelled by the emergence of a draft of a European Commission proposal to raise the bloc's climate targets and cut supply by more than some had expected.


A subscription is required to read this content. Subscribe today to Carbon Pulse Premium to access our unrivalled news and intelligence, as well as other content including all job listings. Click here for details.

We offer a FREE TRIAL to each of our subscription services and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.