The price of European carbon allowances (EUAs) hit an eight week high during the week as bipartisan support grows to repair the EU ETS via the ‘backloading’ of 900mt of allowances. EUA prices rose to €4.50 (A$6.26) on Wednesday close, up 7% on the day and up 60% from an April 17 low of €2.75 (A$3.82) immediately following the initial defeat of backloading in the European Parliament (EP).
For the first time we appear to be seeing real bipartisan support for backloading, with
This is a subscriber report. Please login to access this content.
Dear subscriber – RepuTex has today become the first firm to meet compliance under the […]
Australia’s leading provider of carbon market research, RepuTex Energy, has today become the first firm […]
Our latest Australian Electricity Outlook (AEO) for wholesale electricity and LGC prices in the National […]
Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and […]
Over 2.6 million ACCUs were traded across the spot and forward markets in April, reflecting […]
Ask our analysts a question via the below form and we will respond to you via email.
Ask our analysts a question via the below form and we will respond to you via email.