By Mathew Carr
Feb. 15, 2021 — LONDON: Milder temperatures are set to curb demand for EU carbon allowances, even as interest from compliance buyers and investors apparently pushed prices to record levels last week.
Still, there’s plenty of chilly weather around Europe the next two weeks, especially in the east.
See this minimum-temperature loop from Weatheronline: https://www.weatheronline.co.uk/cgi-app/weathercharts?LANG=en&MAPS=vtn&CONT=euro&LAND=__&ZEIT=202102150229&LOOP=1
Some context and price chart here: https://carrzee.org/2021/02/09/eu-carbon-price-needs-to-triple-because-climate-disclosure-governance-measures-havent-worked-aviva/
Plus more context for U.K. energy markets here: https://carrzee.org/2021/02/15/milder-temperatures-to-curb-bullish-eu-carbon-trajectory/