Bullish Carbon Positions Plunge as Speculators Pull Back
Investment funds cut their net long positions as of last Friday, according to the latest Commitment of Traders (CoT) report from ICE released on Wednesday, in line with analysts’ expectations.
Opposition to EU Climate Policy Grows Among Member States with Close Ties to Russia
Last week, Slovak Prime Minister Robert Fico sent a letter to European Commission President Ursula von der Leyen, calling for a temporary four- to five-year suspension of the European carbon market.
European carbon market posts its biggest weekly decline since April last year
Saying that last week was one of major turbulence for the European carbon market is an understatement. The market came under massive pressure, with EUA Dec’26 dropping to a five-week low before posting a 3.95% weekly decline, as prices settled at €88.49 in Friday’s session.
European Carbon on a Roller-Coaster Ride Triggered by the TACO Trade
It came as no surprise that European carbon prices rebounded during Thursday’s session, after Donald Trump appeared to soften his stance on potential military action in Greenland and on imposing new tariffs against European nations opposing his plans.
What goes up must come down — and Europe’s carbon markets offer a clear example
It was a wild session in the European carbon market, with EUA Dec’25 extending losses for a second consecutive day amid record trading volumes. The move served as a reminder of how swiftly and disorderly prices can reprice when positioning begins to unwind.
European Carbon Market Slips Below €90 in Early Monday Trading
The European carbon market closed out last week firmly in positive territory, registering a 2.77% weekly gain—the strongest performance in two months. The benchmark eased modestly during Friday’s session, however, snapping an eight-session winning streak.
European Carbon Prices Extend Rally Into Eighth Straight Session
Yesterday, the European carbon market extended its rally for an eighth consecutive session. The EUA Dec-26 contract reached an intraday high of €93.80—its highest level since June 2023—but failed to sustain the gains and settled at €92.24, marking a daily increase of 0.46%.
Czechia and Slovakia Populist PMs Call for Temporary Suspension of EU ETS
Following a joint meeting with his Slovak counterpart, the populist Czech prime minister Andrej Babiš said he plans to draft a letter to EU governments calling, among other measures, for a temporary suspension of the EU Emissions Trading System.
European Carbon Prices Hold Firm Above €90 Amid Higher Gas Prices
European carbon prices climbed to their strongest level since July 2023 during Monday’s trading session, with the EUA December 2026 contract settling at €90.10 after a 0.6% daily gain. The market has now extended its rally to a fifth consecutive session.
European Carbon Prices Reach €90 in Early Monday Trade
European carbon prices started the week on a strong footing on Monday, carrying over upward momentum from Friday, when the market ended the week up 1.41%, marking its highest weekly gain in a month.