POLL: All eyes on linking talks as analysts maintain bearish near-term outlook for UKAs
Analysts generally maintained a bearish near-term outlook for UK Allowance prices due to ongoing oversupply and policy uncertainty, as focus now turns to a May summit between Britain and the EU at which linking the two markets is expected to be discussed.
Read MoreEuro Markets: EUAs test upper end of recent range as auction pause deters sellers
European carbon prices moved higher on Wednesday, towards the upper end of their recent range, as selling interest diminished ahead of another holiday break in the auction schedule, and position data showed investment funds had slightly reduced their modest net long position.
Read MoreUK stepping cautiously towards bridging compliance, voluntary markets -govt official
The UK government is moving cautiously to bridge the divide between the compliance and voluntary carbon markets, without rocking the stability of its Emissions Trading Scheme (ETS), an official said on Wednesday.
Read MoreRWE posts 2% increase in EU fossil fuel generation over first quarter
RWE posted a 1.6% increase in power generation covered by the EU ETS in the first quarter of the year compared to the same period in 2024, it said in preliminary figures published on Wednesday.
Read MoreCarbon allowance ETF shuts down, bringing total closures in past year to four
Another exchange-traded fund dealing in carbon allowances has closed down, bringing the total number of such ETFs that have shut in the last year to four.
Read MoreIndustry groups, corporates call on UK and EU to start market linking talks as soon as possible
More than 50 companies and associations have called on the UK and EU to start talks on linking their respective carbon markets “as soon as practicable”, ahead of a crunch summit meeting between the two governments in May where the topic is set to be discussed.
Read MoreEuro Markets: Carbon again lags weakness in natural gas after buying flurries support EUAs
European carbon allowances edged lower for a second day on Tuesday, falling just 0.7% after taking back much of a early 1.8% decline amid flurries of buying activity, even as natural gas prices continued to crumble under the weight of healthy LNG supply and news that German was mulling relaxing its national storage mandate.
Read MoreEuro Markets: EUAs drop back as macro uncertainty hangs over market
European carbon prices slid in quiet trading on Monday as participants described a lacklustre market that was still reflecting a holiday mood, while a number of sources highlighted that though short-term price movements are likely to be dominated by macroeconomic events, sentiment is gradually turning more positive for EUAs in the longer term.
Read MoreUK seeks feedback on revenue support changes for carbon removal projects
The UK government has launched a consultation on proposed changes to revenue support regulations for engineered greenhouse gas removals (GGRs) and bioenergy with carbon capture and storage (BECCS) projects.
Read MoreINTERVIEW: CO2 mineralisation would see major benefit from EU integrating removals into ETS
The potential integration of the EU’s carbon removal certification framework into the bloc’s Emissions Trading System (ETS) would be a “major catalysing step” for industrial decarbonisation, according to a CO2 mineralisation company.
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