Rome wants to postpone a reduction in free allocation of EUAs to industry.
Politico reported yesterday (21 April) that the Italian government has asked the European Commission to temporarily freeze the ETS benchmarks which decide the distribution of free emission allowances (EUAs) to European industry. A key question is how much the fallback levels for 2026-2030 shall be reduced compared to the period 2021-2025.
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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