Allowance banking in carbon markets essential for policy effectiveness, stable prices -paper
Allowing permit banking in emissions trading systems is crucial to their success, and neglecting this feature could lead to an underestimation of carbon prices and economic impacts, according to a central bank working paper.
Read MoreEuro Markets: EUAs hit five-week low ahead of benchmark contract expiry as prompt gas tumbles
EU carbon allowances fell to a five-week low on Friday, tracking a big drop in natural gas prices as reports emerged of negotiations to keep some Russian exports flowing to Europe next year, while carbon traders began to shift their attention to the Dec-25 EUA futures contract, which takes over as the benchmark early next week.
Read MoreMontenegro seeks CBAM exemption by linking power system with EU -media
Montenegro has asked for an exemption from the first year of the EU’s Carbon Border Adjustment Mechanism (CBAM), the country’s energy minister said on Friday as reported by local media.
Read MorePREVIEW: Five things to watch on EU climate policy in 2025
With the Polish EU Council presidency focusing on energy security in the first half of the year, the initiative on climate is expected to come from the European Commission, with a series of proposals due in the first quarter, including a much-awaited Clean Industrial Deal at the end of February.
Read MoreSwiss CBAM compliance startup raises €1.5 mln in seed funding
A Swiss-based startup has secured €1.5 million in seed funding to advance its integrated hardware-software platform designed to facilitate compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreEuro Markets: EUAs track gas plunge to fall most in 8 months as trading picks up across curve
EU carbon prices fell the most in eight months on Thursday amid selling on the back of weakening gas prices, after the bullish run-up ahead of Wednesday’s options expiry gave way to some profit-taking as volumes along the whole curve picked up before the Dec-24 futures contract expires next Monday.
Read MoreStronger carbon price with complementary measures needed for decarbonisation -think tank
The current EU ETS price signal will take too long to fully decarbonise the economy unless elements that soften the mechanism are phased out and liquidity is increased, a report by a Brussels-based think tank said on Thursday.
Read MoreEU court dismisses lime maker’s challenge over free carbon allowance allocations
An EU court has dismissed two cases brought by a lime producer that sought to overturn a European Commission decision amending the free allocation of carbon allowances for its installations.
Read MoreEuropean exchange to launch futures contracts for EU ETS2 next year
A major European energy and commodities exchange has announced the launch of futures contracts for the upcoming EU ETS2.
Read MoreFears of a tighter EU ETS could soon prompt 2026-27 exposure hedging -analysts
Expectations of a tightening EU carbon market may prompt emitters to hedge their 2026-27 EUA exposure next year amid a projected annual surplus.
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