Top

EU states, UK dish out 54 mln more free EUAs for 2020

Published 19:11 on April 3, 2020  /  Last updated at 19:23 on April 3, 2020  /  EMEA, EU ETS  /  No Comments

EU member states and the UK handed out more than 54 million additional free carbon allowances to industrial emitters over the past two weeks, according to updated data released late Friday by the European Commission.

Read More
Top

EU Market: EUAs stick close to €18 for big weekly gain as oil surges

Published 19:10 on April 3, 2020  /  Last updated at 00:55 on April 3, 2020  /  EMEA, EU ETS  /  No Comments

EUAs failed to hold on to midday gains above €18 on Friday but still notched a near-10% weekly rise as  spiking oil prices outweighed wider market concerns over the global coronavirus epidemic.

Read More
Top

EU carbon prices stable after virus selloff, but more weakness, big emissions drop seen ahead -analyst

Published 14:56 on April 3, 2020  /  Last updated at 01:38 on April 4, 2020  /  EMEA, EU ETS  /  No Comments

After cratering due to COVID-19 over the past few weeks, EU carbon prices have now stabilised and are trading at levels representative of decreased emissions demand caused by the crisis, an analyst said, estimating that figure to be around 80-100 million tonnes.

Read More
Top

EU emissions to tumble on virus impact in 2020, but expect rapid recovery -report

Published 19:59 on April 2, 2020  /  Last updated at 19:59 on April 2, 2020  /  EMEA, EU ETS  /  No Comments

EU emissions will decline 250-450 MtCO2e in 2020 as a result of coronavirus-triggered shutdowns, a steeper drop than that seen during the 2009 financial crisis but one that researchers expect will be shorter-lived.

Read More
Top

EU Market: EUAs climb nearly 6% to above €18 as oil price spike jolts market

Published 19:54 on April 2, 2020  /  Last updated at 22:21 on April 2, 2020  /  EMEA, EU ETS  /  No Comments

EUAs climbed back above €18 on Thursday in reaction to oil prices spiking on signs of an end to the producer price war, pushing carbon to a key technical support level.

Read More
Top

EU Market: EUAs tumble 3.4% as stock markets resume declines

Published 19:30 on April 1, 2020  /  Last updated at 00:50 on April 1, 2020  /  EMEA, EU ETS  /  No Comments

EUAs fell as much as a euro to test €17 on Wednesday, halting carbon’s recent recovery after the UK’s auction barely cleared and wider markets dove on worsening coronavirus developments.

Read More
Top

Free EUA allocation set to be a major front in carbon border tax battle

Published 18:41 on April 1, 2020  /  Last updated at 00:44 on April 1, 2020  /  EMEA, EU ETS  /  No Comments

Big-emitting industries, national delegations, and green groups seem to agree on the need for an EU border carbon adjustment, but a tussle over the allocation of free EUAs is expected in the following months.

Read More
Top

EU ETS plant emissions dropped by over 8.5% in 2019, slightly more than analyst estimates

Published 13:41 on April 1, 2020  /  Last updated at 23:56 on April 1, 2020  /  EMEA, EU ETS  /  No Comments

Verified emissions in the EU ETS dropped by slightly more than expected in 2019, analysts said Wednesday following the publication of preliminary, like-for-like but partially incomplete data.

Read More
Top

Carbon consultancy offering ‘Corona Credits’ to offset emissions reduced by global virus lockdown

Published 09:05 on April 1, 2020  /  Last updated at 09:26 on April 1, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, China, China's Offset Market, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  1 Comment

*FREE READ* – A new carbon consultancy is calculating the global greenhouse gas emissions being saved by people working from home due to the coronavirus outbreak, and it is packaging and selling the reductions as voluntary carbon offsets.

Read More
Top

EU Market: EUAs hit two-week high above €18 after strong auction

Published 20:30 on March 31, 2020  /  Last updated at 22:46 on March 31, 2020  /  EMEA, EU ETS  /  No Comments

EUAs topped €18 for the first time in two weeks on Tuesday, as a strong auction and rising energy prices spurred buying and some quarter-end short-covering to leave prices down a massive 25% this month.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close