EU Carbon Shoots Above 73 Euros After Germany Signals 60 Euro Floor, Cutting Downside; 110 euros Seen (2)

EU carbon allowances shot above 73 euros a ton, after Germany’s new coalition government signalled a price floor at 60 euros a ton, potentially limiting the downside for traders.

Settled around 73.02 euros a ton, ICE said.

ICE

(Adds photo, 73 euros; Steele; Clarifies to say floor at 60 euros a ton)

3 comments

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s