Latest news
UK's first carbon auction clears at GBP43.99/mt
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
Carbon rally crushes forward German coal-fired margins
The recent strength in European carbon prices has pushed forward margins for even the most efficient German coal plants negative for calendar 2024.
read more... 20/05/2021
Daily (19.05.2021): Fiercely falling carbon prices weighed on the European energy complex on Tuesday
Crude oil prices fell on Tuesday due to rising concerns about the coronavirus situation in Asia and amid ongoing talks between world powers on a revival of the Iran nuclear deal, which would bring more supply to the market. Hence, Brent crude moved 1.1% lower to settle at $68.71 a barrel, after initially having traded upwards above $70 a barrel. Meanwhile, U.S. WTI crude declined by 1.2% to end at $65.49 a barrel.
read more... 19/05/2021
Daily (18.05.2021): European carbon prices retreated on Monday, but still hover above 56 EUR/tonne
Crude oil saw an upwards adjustment on Monday despite worsening coronavirus situation in Asia, with the market still hoping of a demand recovery. Hence, Brent crude increased by 1.1% to settle at $69.46 a barrel. U.S. WTI crude ended at $ 66.27 a barrel, notching a 1.4% gain day-on-day.
read more... 18/05/2021
UK launches carbon market – without link to Europe
Britain will start its own market for trading fossil fuel emission permits this week, but with no sign of a link to the European Union’s market, prices could end up being more volatile than the EU’s.
read more... 18/05/2021