The proposal to amend the Market Stability Reserve (MSR) introduces several targeted adjustments aimed at ensuring a smoother, more predictable start to the market.
A draft document outlining preliminary benchmarks for the EU CBAM was circulated among market participants.
The UK Allowance (UKA) market reacted positively to the news.
The move is viewed as slightly bullish by UKA market participants.
This proposal includes a binding 90% net reduction in emissions by 2040 compared to 1990 levels, with some flexibilities.
This linkage would exempt goods traded between the two regions from the Carbon Border Adjustment Mechanism (CBAM).
ClearBlue's Behavioural Insights model goes beyond fundamental supply and demand analysis to incorporate the crucial element of how and when companies will act in the market.
IMO Member Nations approved a two-tiered carbon pricing mechanism and fuel standard, by adopting a draft amendment to Annex VI of the MARPOL Convention.
European carbon markets have remained under intense pressure following the reciprocal tariff announcements on 2 April, which triggered significant volatility across global...