Insights > Analysis > ANALYSIS: Political uncertainty rails UK carbon as spread widens to EU market

ANALYSIS: Political uncertainty rails UK carbon as spread widens to EU market

Published 18:25 on February 11, 2026 / Last updated at 18:25 on February 11, 2026 / and / EMEA (Compliance Markets & Taxes, Europe), Insights (Analysis)

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Political turmoil surrounding the UK government has heaped pressure on front-December benchmark futures this week, widening the market's spread to the EU ETS to more than €20, as volatility looks set to remain a feature of trading over the coming months, according to participants.
Political turmoil surrounding the UK government has heaped pressure on front-December benchmark futures this week, widening the market's spread to the EU ETS to more than €20, as volatility looks set to remain a feature of trading over the coming months, according to participants.


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