The European carbon market saw a rebound on Tuesday, managing to win back all of the losses from the previous trading session. After reaching an intra-day high of €69,68, a level last seen a month ago, the EUAs closed the day with a 2,67% gain. The upward trend continued in Wednesday morning’s session, with Dec […]
Germany could voluntarily cancel 514.000 allowances between 1 september and 31 December 2025, in relation to the year 2023. The amount is part of a total of up to 12,25 million due to be canceled between 2025-2030.
The past trading week saw a generally more optimistic tone on the European carbon market with EUAs surging by 4% to end Friday’s session at €68,76 versus a close of €66.43 a week earlier, the highest settlement since April 2.
The most recent Commitment of Traders (CoT) report published by the ICE platform on Wednesday morning revealed that investment funds have reduced their net long positions (long term-short term) to 2,7 million allowances from 3,3 million allowances in the previous week.
The increasing concerns over the global growth outlook amid geopolitical tensions and uncertainty around US trade policies have prompted ABN AMRO, the third-largest bank in the Netherlands, to revise slightly downwards its outlook for carbon prices for the second half of this year.
According to monthly data published by energy think tank Ember, emissions from the power sector in the European Union during the January to March period reached their highest since the first quarter of 2023.
According to a recent report compiled by the European climate service Copernicus and the World Meteorological Organisation (WMO), Europe is warming twice as fast as the global average. Since the 1980s, our region has been the fastest warming continent on Earth.
Ahead of the weekend, the European carbon market continued its upward momentum for the second straight session. The EUA Dec’25 ended up rising to €64,82, posting a 4,35% daily increase, the largest so far this year.
The European carbon market opened Thursday’s session with a massive jump that resulted in temporary gains of nearly 7% in the first hour of trading, tracking similar morning moves in global equities and commodities markets, triggered by Trump’s tariff pause.
The European carbon market surged by almost €4 in the first hour of trading on Thursday after President Trump announced a 90 day pause on “higher reciprocal tariffs”. The announcement offers a moment of relief for the carbon market and puts an end to the sixth consecutive day of losses.