EU Market: EUAs falter on weaker auction for a 6.4% weekly loss
European carbon prices dropped heavily for the second straight session, as a weak auction and slumping power prices triggered selling in choppy trade.
Read MoreEU member states near 90% completion rate for 2018 free allowance allocations
EU countries have now handed out nearly 90% of their allocations of free 2018 carbon allowances, data released late Friday showed.
Read MoreEUAs drop to 1-week low after breaching support
EU carbon prices fell to their lowest in a week on Thursday as a breach of a technical support level triggered selling despite a stronger auction.
Read MoreEU Market: EUAs rise as buyers step in ahead of compliance deadline
EU carbon prices resumed their upward trajectory on Wednesday despite another weak auction, as traders said buyers were looking to square their positions ahead of the annual compliance deadline.
Read MoreRole of ETS in question as EU gears up to revamp long term climate strategy
The role of the ETS in meeting the EU’s long-term climate goals is being called into question all across Europe as Brussels prepares to revamp its strategy underpinning the targets.
Read MoreEU Market: EUAs sink back below €14 as energy prices drop
European carbon prices ended a run of seven straight days of gains on Tuesday, slipping back from the previous session’s seven-year peak as key energy prices also took a tumble.
Read MoreEU Parliament endorses EU’s 2030 non-ETS climate goals
The full European Parliament on Tuesday gave its approval to two bills that extend to 2030 emissions goals for sectors outside the EU ETS, giving a select number of richer member states the option of cancelling some EUAs to help meet the their targets more easily.
Read MoreStakeholders brace for more EU ETS changes as reforms seen falling short -report
EU ETS stakeholders are expecting further changes to the carbon market as most believe recently-agreed reforms aren’t enough to meet the bloc’s long-term climate goals, a report found on Tuesday.
Read MoreEU Market: EUAs hit new 7-yr high above €14 as rally seen continuing
EU carbon prices briefly climbed to a new seven-year high above €14 on Monday, gaining for the seventh consecutive session as observers pointed to further gains.
Read MoreSlovakian carbon allowance tax broke EU law, top court rules
Slovakia broke EU law by imposing a tax on sold or unused EU carbon allowances, Europe’s top court has ruled, a verdict that could cost the government tens of millions of euros.
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