Euro Markets: EUAs post 4.6% weekly loss despite Friday consolidation amid macro weakness
EU carbon prices posted their first weekly loss since the start of May, even as the market consolidated on Friday and only posted a modest 0.2% decline amid wider weakness across many asset classes, after early dip-buying had brought prices back from a two-week low.
Read MoreItaly calls for new EU ETS ‘fallback’ benchmarks to apply retroactively
Italy has urged the EU to introduce new, softer sector-specific benchmarks that determine the number of free CO2 permits industries receive from 2027, saying it wants these changes applied retroactively to 2026 as well.Â
Read MoreAxing MSR ‘invalidation clause’ risks new oversupply shock in EU carbon market, watchdog warns
Carbon Market Watch has urged EU lawmakers to reject a European Commission plan to scrap the EU ETS Market Stability Reserve’s invalidation rule, warning it would “neutralise” the reserve’s core function and risk a new period of structural oversupply and depressed carbon prices.
Read MoreFrance seeks allies to stop EU ETS extension to international flights
France is trying to rally other EU governments to oppose the extension of the EU Emissions Trading System (ETS) to flights departing the bloc, and plans to raise the issue at a ministerial meeting on Monday, Carbon Pulse understands.
Read MoreBrussels approves Lithuania’s €884 mln social climate plan, backed by ETS revenues
The European Commission has endorsed Lithuania’s Social Climate Plan, making it the second country after Sweden to secure approval under the EU’s Social Climate Fund, which is designed to cushion the impact of extended carbon pricing on households and small businesses.
Read MoreLawmakers see final deal on EU ETS Market Stability Reserve in September
A centrist alliance in the European Parliament is pushing to adopt their position on the revision of the EU ETS Market Stability Reserve (MSR) in September, paving the way for a final deal with EU member states in the same month.
Read MoreINTERVIEW: EEX will stop REPowerEU carbon auctions once €20 bln target is hit, CEO confirms
The EEX exchange will stop auctioning carbon allowances to fund the bloc’s plan to exit Russian fossil fuels as soon as the €20 billion target is hit, the CEO of the exchange told Carbon Pulse, which could mean around 20 million fewer allowances are auctioned in 2026 than currently scheduled, assuming EUA prices remain at their current levels.
Read MoreCEE Roundup: New Bulgarian government may add to regional pushback on EU climate rules
Last month’s change of government in Bulgaria could sharpen Sofia’s tone on EU climate policy, adding to wider Eastern European pressure for more flexibility on carbon costs, industrial rules, and border carbon fee exposure.
Read MoreBrussels says new EU ETS benchmarks could be fast-tracked and backdated to 2026
Brussels has told industries they could receive a top-up of free carbon allowances for 2026 once new benchmarks are presented alongside the reform of the bloc’s carbon market in July, EU sources told Carbon Pulse.
Read MoreBrussels eyes raising EU ETS cap to make room for carbon removals
The overall cap on the EU Emissions Trading System (ETS) will likely need to be raised to make room for units generated from permanent carbon removals, while giving extra breathing space to regulated industries, an official has indicated.
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