'Half dead' EUA market hit by political uncertainty

EUA market on last legs, say analysts

Tumbling prices and low liquidity are hitting the European Union Emissions Trading System (EU ETS) as a result of uncertainty over the future of a plan to postpone – or ‘back-load’ – the sale of a huge amount of European Union Allowances (EUAs).

Questions about whether the plan will be enacted have left the market on its last legs, say analysts. “Participants don’t want a market that is half alive and half dead. They want a market with reasonable certainty – otherwise they will kill the half-ali

To continue reading...