EMEA > Compliance Markets & Taxes > Euro Markets: EUAs jump 4% to upper end of recent range as benchmark leaks offer support

Euro Markets: EUAs jump 4% to upper end of recent range as benchmark leaks offer support

Published 17:31 on May 5, 2026 / Last updated at 17:31 on May 5, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices surged strongly after the holiday weekend as traders appeared to react to leaked proposals showing that free allocation benchmarks would not change significantly from the previous trajectory, supporting the bullish narrative that had driven prices up by around 50% from a year ago, as well as to the market's failure to break below €73.00 in previous sessions.
European carbon prices surged strongly after the holiday weekend as traders appeared to react to leaked proposals showing that free allocation benchmarks would not change significantly from the previous trajectory, supporting the bullish narrative that had driven prices up by around 50% from a year ago, as well as to the market's failure to break below €73.00 in previous sessions.


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