Updated 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.
Read MoreEuro Markets: EUAs give back Monday gains amid weaker equities as traders focus on Brussels meeting
EU carbon prices weakened on Tuesday afternoon along with equities, after the market had spent the morning consolidating most of its gains from Monday, while numerous participants focused on an industry event in France and a stakeholder meeting in Brussels, and energy markets unwound early gains even as the stalemate over the Strait of Hormuz continued to block shipping lanes.
Read MoreFEATURE: New Bulgarian government raises EU climate policy fears, but Russian influence may be limited
Bulgaria’s new government could seek to slow parts of the EU’s climate and energy agenda, following a sweeping election win that raised concerns over Sofia’s future stance on Russia – but the country’s reliance on EU funds may limit the scope for systematic obstruction, experts told Carbon Pulse.
Read MoreANALYSIS: Risk of UK govt collapse casts shadow over EU ETS linkage talks
UK Prime Minister Keir Starmer is facing open revolt following disastrous local elections for his governing Labour Party, and, depending on the timing, a possible exit from government could have implications for linking the British carbon market with the EU Emissions Trading System (ETS), market participants have warned.
Read MoreBrussels says EU carbon allowances will be issued “far into the 2040s”
A senior European Commission official said allowances under the EU Emissions Trading System (ETS) will continue to be auctioned well into the 2040s, with flexibilities in the bloc’s carbon market allowing industries to emit for longer.
Read More“Less fossil, more electric”: France outlines priorities in EU energy debate
Paris will back a faster phaseout of fossil fuels at an informal meeting of EU energy ministers starting today in Cyprus, arguing that the conflict in the Middle East must not slow Europe’s energy transition or be used as an excuse to exempt gas-fired power plants from paying for their carbon emissions, as Italy plans to do.
Read MoreUK firm carries out first EU ETS2 transaction with end-user
A UK-based firm has carried out the first trade in EU ETS2 allowances with an end-user, as the market ramps up towards its launch in 2028.
Read MoreGreens call for political deal on EU ETS revision before 2027 French elections
A Green European Parliament lawmaker who will help steer the revision of the EU Emissions Trading System (ETS) says talks could conclude by the first quarter of 2027, provided the European Commission anticipates key issues and EU capitals and the Parliament avoid major changes to the draft.
Read MoreEuro Markets: EUAs climb 2.7% as bullish sentiment spreads, while UKAs advance 6.5% on rising linking optimism
European carbon prices recovered after an initial decline in response to the United States’ rejection of Iran’s latest peace proposal over the weekend, and made strong gains in the afternoon as positive fundamental sentiment began to spread amongst traders, while UKAs also jumped to a three-month high as hopes for an EU-UK market linkage were boosted ahead of this week’s King’s Speech.
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