EU carbon market update, 13 May 2019
In last week's update we said that there were few fundamental reasons for EUAs to test the year's highs, but nonetheless they gave it a good try!
Structural work underpins carbon market optimism
If 2017 was the year of carbon market maintenance, with legislation extending the life of schemes in the US and Europe, 2018 could be defined by greater linking between initiatives, says Michael Hurley
California carbon market sells 100% of allowances, following court judgement
The California and Québec cap-and-trade programme sold all of its carbon allowance for the first time since 2015, after renewed optimism in the market following the recent court judgement in its favour.
California carbon market sells just 16.6% of allocation
California and Québec's carbon market collapsed again, with just 12.4 million, 16.6%, of the 74.8 million tonnes of allowances available at the Cap-and-Trade Program sold at last month's auction, at the 'floor price' of $13.57 a tonne.
US carbon markets start the year at 'crossroads'
Both carbon markets in the US, the California Cap-and-Trade Program and the North East's Regional Greenhouse Gas Initiative (RGGI), enter 2017 at a crossroads, according to one industry expert.
EU ETS needs further reform to prevent drastic price falls
Ambitious reform is urgently needed to rescue the EU Emissions Trading Scheme (ETS) from further falls in prices, which some analysts warn could sink as low as €2.50 ($2.60) a tonne by the end of 2017.
US carbon market falls following elections
The US carbon market fell following the victory of Donald Trump in the Presidential election. Prices of carbon in both the Regional Greenhouse Gas Initiative (RGGI) and the California cap-and-trade scheme dropped the day after the results were been announced.
Profile: Inflection Point's Carbon Zero strategy
Inflection Point's Carbon Zero strategy offers a way for investors to lower the carbon intensity of their portfolio, and has the potential to outperform. Taylor Telford reports
EU ETS falls 17% on Brexit
The EU emissions trading system (ETS) opened 17% down today, as traders were stunned by the news that UK had voted to leave the trading block.
Carbon trading finds its feet again
The winners of 2015's carbon-related Market Rankings say it's been a good year for trading systems worldwide, with more regulatory certainty and overall activity than last year in many markets. Sophie Robinson-Tillett reports