European carbon closed 2024 at EUR 73/t (EUA Dec-25 contract), tracking gains in gas just ahead of the expiry of the transit agreement for Russian gas through Ukraine. As of 1 January 2025, gas flows through the pipeline that connects Sudzha in Russia’s Ku…
A weekly cap of what moved EUA prices and a clear view of the week ahead. We set out the drivers, their directional impact, and what matters next.
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