Colder weather, renewed demand could push EU ETS prices closer to Eur80/mt

Carbon prices under the EU Emissions Trading System are starting to show signs of a demand recovery after a volatile few months, with analysts and traders expecting more upside amid higher European gas and power prices aided by colder weather. European allowances for December were trading at Eur76.95/mtCO2e ($83.97/mtCO2e) as of 1144 GMT on Nov. 24, down from a settle… Carbon prices under the EU Emissions Trading System are starting to show signs of a demand recovery after a volatile few months, with analysts and traders expecting more upside amid higher European gas and power prices aided by colder weather. European allowances for December were trading at Eur76.95/mtCO2e ($83.97/mtCO2e) as of 1144 GMT on Nov. 24, down from a settle… Read More