Carbon Markets - Week 47
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.
Prices EU ETS: Colder forecasts, contract expiry, and winter auction break drive bullish sentiment After ending Friday (18 Nov) on an uncertain note, the EUA Dec-22 contract took direction from colder than expected weather forecasts for early Decembe...
Unlock exclusive content
Request a demo to access premium articles and platform features
Gain access to a wealth of premium articles and unlock multiple other features of our platform by requesting a demo today.