mathew carr

Milder Temperatures to Curb Bullish EU Carbon Trajectory

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

Snip of the loop

Peak gusts loop here:
https://www.weatheronline.co.uk/cgi-app/weathercharts?LANG=en&MAPS=wsp&CONT=euro&LAND=__&ZEIT=202102150250&LOOP=1

Some context and price chart here: http://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: http://carrzee.org/2021/02/15/milder-temperatures-to-curb-bullish-eu-carbon-trajectory/

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