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Carbon markets - Week 47: Cold weather and strong auctions drive EUAs to two-week high

Highlights

  • EUAs see bullish week amidst colder weather, regulatory uncertainty, and strong auctions.
  • RGGI sees stagnant market in lieu of delays in the Third Program Review. WCI continues its downward trend in market prices after Auction 33.
  • Low level of buy interests for spot KAU22 leads up to the decrease in price again this week.
  • VCM is welcoming stricter regulation and monitoring following the recent development in COP27. Governments are putting stronger climate policies by mandating science-based targets across the countries' state-owned companies.

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EAC Market Report - In The Midst Of A Bullish Wave
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