Euro Markets: EUAs claw back some early losses as market mulls auction supply boost
European carbon recovered some of its early losses on Wednesday morning as the market digested Tuesday evening’s news that the EU will sell an additional 40 Mt of allowances in the second half of the year, and took some heart from stronger equities in the afternoon.
Read MoreCBAM ‘not enough’ to stop EU carbon leakage, think tank warns
The EU’s Carbon Border Adjustment Mechanism (CBAM) will not, on its own, prevent European industry from shifting production to countries without carbon pricing, and risks pushing up costs and leakage risks for downstream sectors, a new report has warned.
Read MoreGermany to freeze national carbon price in 2027 -media
Germany’s coalition government has decided to freeze the national carbon price for transport and heating fuels in 2027, a move that could weaken incentives to cut emissions and leave a multi-billion euro hole in the country’s climate funding plans, according to public broadcaster ARD.
Read MoreDraft EU rules allow international credits to cover CBAM fees
The European Commission has proposed recognising international credits as a carbon price paid outside the EU, making it possible for importers to deduct the costs from their Carbon Border Adjustment Mechanism (CBAM) fees, according to draft rules published on Wednesday.
Read MoreEuropean industry, green groups urge EU to implement ETS2 on schedule
More than 50 companies and civil society organisations have called on EU policymakers to launch the bloc’s Emissions Trading System for road transport and heating fuels (ETS2) as scheduled in 2028, warning that further delays or dilution would undermine investor confidence and climate goals.
Read MoreUK to introduce law that could enable fast-tracking of ETS linking with EU
The UK government plans to introduce legislation designed to strengthen ties with the European Union, King Charles said in a speech to parliament Wednesday, which could accelerate the linking of the two jurisdictions’ emissions trading systems.
Read MoreDon’t “waste a good crisis” by weakening ETS, corporates tell EU
Major Nordic companies and investors with combined global revenues of €303 billion are urging EU leaders to reject calls to dilute the bloc’s carbon market, warning that any move to weaken the EU ETS would waste the opportunities presented by “a good crisis”.
Read MoreEU carbon price currently trading “nowhere near” fair value, say analysts
EU Emissions Trading System (ETS) allowances are currently trading significantly below the value implied by fundamental demand and supply factors, analysts told an industry conference on Tuesday, as the market awaits the scheme’s summer review.
Read MoreUpdated EUA auction programme shows 12% hike in sales volumes compared to initial schedule
EU member states will auction 12% more EUAs in the second half of 2026 than originally scheduled, after the exchange that handles the sales updated its calendar for the six months from June.
Read MoreArcelorMittal calls for freezing EU carbon costs at 2026 levels
Steelmaker ArcelorMittal has called for a “pause” in the EU Emissions Trading System (ETS), warning that rising carbon costs over the coming years will undermine the sector’s ability to invest in decarbonisation as manufacturers lack viable options to cut emissions.
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