Carbon’s Coronavirus Plunge in Europe Stoked by Options Trade
ClearBlue Markets' Managing Director of Markets, Nicolas Girod was recently quoted in an article discussing the impact of the Coronavirus on carbon markets.
Below is a section of the article that includes Nicolas' analysis:
"While carbon prices stopped falling on Thursday, the permits are still down 36% over the past five days and traded at about 15.49 euros in London. It still has room to fall and could soon go below 10 euros per ton, according to Nicolas Girod, a managing director at ClearBlue Markets, which advises industrial and utility companies on carbon markets."