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23. May, 2024

Election announcement to support UK carbon

European Carbon
Anders Nordeng , Henry Lush

With the announcement of UK elections, the Conservative government is expected to be replaced by Labour. Labour’s agenda is expected to be more ambitious on climate and more EU-friendly. For the UK ETS, this news is bullish as linking with the EU ETS is viewed as more likely under a new government, encouraging price convergence and eliminating CBAM risk.

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General election announced: Yesterday (22 May), UK Prime Minister Rishi Sunak announced that a snap election would be held on 4 July, 2024. Though UK law requires an election be called before the end of January 2025, the announcement of an election so ear…

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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