EU carbon market softening as supply balancing rules face heightened scrutiny

The EU’s cap-and-trade carbon market, which sets a price on greenhouse gas emissions within the bloc, is set to undergo a policy review in the third quarter of this year, which will define the future direction of Europe’s climate framework. Against this backdrop, multiple politicians have been calling for reforms to the flagship scheme. This has led to a sharp drop in the price of EU Allowances,The EU’s cap-and-trade carbon market, which sets a price on greenhouse gas emissions within the bloc, is set to undergo a policy review in the third quarter of this year, which will define the future direction of Europe’s climate framework. Against this backdrop, multiple politicians have been calling for reforms to the flagship scheme. This has led to a sharp drop in the price of EU Allowances,Read More