Top

EU Market: EUAs jump up after dipping below €26 in continued rocky trade

Published 19:22 on September 24, 2020  /  Last updated at 19:38 on September 24, 2020  /  EMEA, EU ETS  /  No Comments

EUAs continued their volatile week on Thursday, bouncing back after a dive below €26 despite another dismal auction result and wider market weakness.

Read More
Top

EU carbon capture prospects “improving” with higher climate goals, IEA says

Published 19:06 on September 24, 2020  /  Last updated at 19:07 on September 24, 2020  /  EMEA, EU ETS  /  No Comments

Opportunities to invest in technology-based carbon removals in the EU have improved in recent years, opening new pathways for the bloc’s heavy industry, an IEA report released Thursday said.

Read More
Top

Commodity trading shop Freepoint parts ways with cross-commodity analyst

Published 17:42 on September 24, 2020  /  Last updated at 17:42 on September 24, 2020  /  Bavardage, EMEA, EU ETS  /  No Comments

A senior cross-commodity analyst has left commodities trading firm Freepoint, Carbon Pulse has learned.

Read More
Top

EU Market: EUAs fall 5%, giving back prior session’s gains as rampant volatility continues

Published 18:50 on September 23, 2020  /  Last updated at 13:18 on September 24, 2020  /  EMEA, EU ETS  /  No Comments

European carbon prices fell back on Wednesday, handing back almost all of the previous day’s gains as quarterly EUA options expired, the market saw a heavy inflow of supply, and technical signals remained bearish to help maintain the wild volatility seen over the past month.

Read More
Top

Brussels starts work to spur carbon removals from agriculture and forestry

Published 17:08 on September 23, 2020  /  Last updated at 22:42 on September 23, 2020  /  EMEA, EU ETS  /  No Comments

The European Commission is laying down the groundwork to propose a “robust” certification scheme to incentivise farmers and foresters to cut GHG emissions, EU officials said Wednesday.

Read More
Top

UN’s CORSIA to add €0.17 to ticket prices for flights leaving EU -study

Published 15:25 on September 23, 2020  /  Last updated at 22:50 on September 23, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

The UN’s CORSIA international aviation offsetting mechanism will add just 17 euro cents to ticket prices for long-haul flights from the EU, according to an NGO-commissioned study published Wednesday.

Read More
Top

Polish court forces biggest EU ETS emitter into closure talks

Published 15:25 on September 23, 2020  /  Last updated at 22:34 on September 23, 2020  /  EMEA, EU ETS  /  No Comments

Poland’s largest utility PGE must discuss the future of its Belchatow lignite power plant with environmental NGOs that want the facility shut down, a regional court ruled on Wednesday.

Read More
Top

ANALYSIS: Adding sinks to EU’s 2030 emissions goal unlikely to let other sectors off hook

Published 13:53 on September 23, 2020  /  Last updated at 13:53 on September 23, 2020  /  EMEA, EU ETS  /  No Comments

The proposed inclusion of carbon sinks under the EU’s 2030 climate plans is unlikely to give emitters much wriggle room as the effect of Brexit and other shifts make the bloc’s overall reduction goal harder to reach.

Read More
Top

EU carbon prices to double on raised 2030 climate target, over €100 possible from other reforms -analysts

Published 23:19 on September 22, 2020  /  Last updated at 17:43 on September 23, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

EU carbon allowances will average €57 over the next decade, or double current prices, analysts forecast, modelling a scenario where the bloc adopts a 55% emissions reduction target for 2030 and does not implement any other supply-tightening changes.

Read More
Top

Brussels plans emissions-cutting revamp of EU air traffic rules

Published 14:31 on September 22, 2020  /  Last updated at 22:01 on September 23, 2020  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

The European Commission proposed an upgrade to its air traffic management framework on Tuesday, aiming to overcome many failed attempts and to cut the sector’s emissions by 10%.

Read More