The far-right celebrates victory in the European elections but is still far from forming one united political block. We see the continuation of the grand central alliance between EPP, S&D, and Renew as the most likely outcome. For climate and energy policy, we expect great reluctance to move forward, but equally little appetite for revisiting policy files that are already closed.
Updated on 11 June, to amend the timeline for von der Leyen’s likely re-election vote in the European Parliament, and on 12 June, with adjusted distribution of seats. As expected, the European elections led to gains for the far-right and losses for the L…
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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