@sandbagbe @CarbonReporter@carrzee@MikeSzaboCP@E_Krukowska@YanQinyq@KateAbnett Thank you. Agree with your view that hedging needs will fade with the power decarbonisation. Not sure that frwd purchases do not require spot EUA but only „the existence of (short) sellers on future markets.“ It takes a brave person to enter into a naked short in this market, or?
European carbon prices have been range trading until mid-March. Then, EUA prices dropped sharply. Since then, they recovered but are in price discovery mode.
What lies ahead for the European carbon market? Please join my Carbon Price-Survey.
https://t.co/GS2r7ctB8P
#euets
@CarbonReporter Details will define the market impact. Still, who would have thought a year ago that one European government would use article 12.4. Will others follow?