EMISSIONS: UKAs Rally on Relinking ETS Scheme Talks
Mar-12 15:34By: Felicia Grosse
Emissions+ 2
The EU and the UK are giving “serious consideration” to linking the two carbon markets, Spencer Livermore, financial secretary to the Treasury, said, cited by Bloomberg.
- The UK continues to explore all options to improve trade and investment with the EU, Livermore added.
- The news spurred a rally in UKAs with allowances surging above £40/ton CO2e the first time since 5 March.
- ICE UKA Dec25 up 5.5% at 40.6 GBP/MT
