European Commission publishes first quarterly EU CBAM price at €75.36
The European Commission has confirmed the first quarterly reference price for certificates used in the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MorePolish electricity sector calls for price-based Market Stability Reserve in EU ETS
The Polish Electricity Association (PKEE) has welcomed the European Commission’s plan to halt the automatic cancellation of excess EU carbon allowances held in the Market Stability Reserve (MSR), but warned that the proposal falls short of the structural reforms needed to curb price volatility in the EU Emissions Trading System (EU ETS).
Read MoreLeaked EU ETS benchmarks update shows softening for chemicals and refinery, no reduction for ‘fallback’ values
A leaked draft of benchmark values that determine how many free allowances industries receive under the EU Emissions Trading System (ETS) suggests softer cuts for certain sectors, such as some chemicals and refinery products, but retains a steep reduction for the ‘fallback’ benchmarks, which analysts say could be bullish for EUA prices.
Read MorePolicy credibility key to taming speculation on EU ETS, researchers show
As the EU’s Emissions Trading System (ETS) enters a sensitive revision phase, researchers have modelled how speculative price swings on the bloc’s carbon market are closely tied to wider policy sentiment and political declarations.
Read MoreUK Conservatives pledge to “axe the carbon tax” if elected
The UK Conservative party has pledged to kill the country’s Emissions Trading Scheme (ETS) if it comes to power, in a campaign launched on Thursday.
Read MoreFEATURE: Proposed EU Market Stability Reserve reform exposes wider ETS governance dilemma
A European Commission proposal to tweak the Market Stability Reserve (MSR) in the EU Emissions Trading System (ETS) – widely seen as a minimalist, targeted amendment – could expose a broader governance problem with the supply‑balancing tool, experts say, as pressure builds ahead of a scheduled review of the bloc’s compliance carbon market in July.
Read MoreExchange publishes first quarterly EU CBAM reference price at €75.36
A European exchange has published its first quarterly reference price for certificates used in the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreEuro Markets: EUAs slide 4% to end week unchanged as traders cut risk ahead of long weekend
EU carbon prices ended the holiday-shortened week unchanged after a 4% drop in Thursday driven by selling after the market failed to conclusively breach a technical resistance level, as well as traders offloading risk ahead of a long weekend with energy markets climbing as the US president vowed to hit Iran “very hard” in the coming two weeks.
Read MoreEU ETS expansion to non-CO2 aviation impacts feasible but faces complex flight path -analysis
Aviation’s non-CO2 climate effects could be priced under the EU’s carbon market, but doing so will require a fundamental rethink of how emissions are measured, verified, and translated into compliance obligations, according to new research.
Read MoreEuro Markets: EUAs jump to 7-week high as market sees no immediate negative impact from MSR reforms
European carbon market prices jumped to a seven-week high on Wednesday as traders reacted to the European Commission’s confirmation that it would propose only minimal amendments to the market’s supply management tool that the market felt would not have a short-term price impact, while energy markets weakened after the US president said the war in Iran may be over in as little as two weeks.
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