UK Carbon Allowances Drop Near 6-Month Low as Government Energy Package Subsidizes Fossil Fuels, Banks

Sept. 23, 2022 — Analysis by Mathew Carr UK carbon allownces dropped near their lowest for six months as the British government unveiled a package of measures that effectively subsidize fossil fuels by shielding consumers from their high price. The government is effectively undercutting its markets. UK carbon dioxide futures for December fell another 2% … Continue reading UK Carbon Allowances Drop Near 6-Month Low as Government Energy Package Subsidizes Fossil Fuels, Banks