UK, EU hope to announce ETS linking agreement at July summit -media
The UK and EU are aiming to secure an agreement to link their two cap-and-trade carbon markets at a ‘reset’ summit now tentatively scheduled for July 13, the Guardian has reported.
Read MoreEU, Mexico sign trade deal with binding climate commitments
The European Union and Mexico have sealed a modernised trade pact that for the first time anchors their commercial relationship in legally binding climate obligations and a sizeable clean-transition investment agenda, positioning Mexico as a “privileged partner” for the EU’s green and digital transitions.
Read MoreEuro Markets: Aggressive afternoon buying pushes EUAs to 8-day high despite modest volume
EUAs looked to be heading for yet another day of tightly rangebound trading, until aggressive buying in the afternoon took prices above technical resistance and set off a bullish end to the week, even though traders continued to bemoan a market that many said has lost direction.
Read MoreFour EU states call for extra ETS allowances tied to decarbonisation
Czechia, Greece, Poland, and Romania have called for additional free carbon allowances to be granted to energy-intensive industries on the condition that companies invest in reducing their emissions, while also urging that current levels of free allocation be maintained.Â
Read MoreINTERVIEW: Free EU ETS allowances could fund industrial decarbonisation, says ex-official
The EU should consider tying the distribution of free allowances in the bloc’s Emissions Trading System (ETS) to industrial decarbonisation investment in Europe, according to the former top climate official at the European Commission.
Read MorePolish Senate rejects referendum on EU climate policy, ETS
Poland’s Senate on Thursday rejected a proposal by President Karol Nawrocki to hold a referendum on EU climate policies, including the bloc’s Emissions Trading System (ETS), dealing an early blow to the conservative leader’s efforts to challenge Brussels-backed decarbonisation measures that he says are driving up energy prices and hurting competitiveness.
Read MoreUK govt reports 7% decline in ETS emissions, driven by steel closures
The UK Emissions Trading Scheme (UK ETS) Authority has published its latest compliance report, showing a sharp decline in GHG emissions during the 2025 scheme year, driven largely by cuts in heavy industry and major changes at the Port Talbot steelworks.
Read MoreEuro Markets: EUAs cling to the familiar and remain in recent range as traders’ frustration grows
European carbon allowance prices fluctuated in a familiar €1 range on Thursday, ending the day at the lower end of the recent price channel as the lacklustre price action and low liquidity continued to frustrate traders.
Read MoreUK carbon prices to go ‘sky-high’ without EU linkage, says trader
UK carbon prices are likely to outstrip those in the EU by 2029 if the two schemes remain unlinked due to higher underlying demand from British power and industrial sectors expected over the coming years, according to a trading and analytics firm.Â
Read MorePoliticians clash over EU ETS reform in European Parliament
European Parliament members clashed sharply over the future of the EU’s Emissions Trading System (ETS) on Wednesday, laying bare a deep divide between those seeking to tighten the bloc’s carbon market and a powerful coalition on the right calling for its suspension, overhaul, or outright abolition.
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