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.
The weekly report of the Commitment of Traders (CoT), published by the ICE platform this morning revealed that investment funds have reduced their net long positions (long term positions – short term positions ) to 15,8 million allowances, down by nearly 50% compared to the previous report.
A new report published on Tuesday by energy think tank Ember revealed that the European Union has achieved significant milestones last year in terms of clean energy, proving that “a deep transformation of the power sector is achievable and beneficial.”
Last Friday, the European Commission released preliminary data on verified emissions for 2024, as submitted by Member States by the 31 March deadline. Compared to the previous year, the report indicates a 5% drop in emissions from stationary installations and aircraft operators.
After weeks of anticipation and speculation, Donald Trump managed once again to surprise investors with “the worst case scenario for tariffs,” according to Mary Ann Bartels, executive at US wealth management firm Sanctuary Wealth. Concerns about the impact of US tariffs on the global economic outlook affected all markets following higher than anticipated taxes.
The most recent weekly report of the Commitment of Traders (CoT), published by the ICE platform on Wednesday, revealed that investment funds have reduced their net long positions (long term positions – short term positions ) to 30,3 million allowances, down by nearly 9% compared to the previous report.