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Mild and windy weather, robust supply weigh on EU emissions allowances

January 7, 2023 Comments Off

Carbon prices under the EU Emissions Trading System have fallen in recent weeks, driven by unseasonably mild and windy weather combined with ample supply, analysis by S&P Global Commodity Insights found Jan. 6. Those factors — and the resumption of three of EDF’s nuclear reactors in France — reduced demand for EU allowances, according to S&P Global carbon markets analyst…