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Highlights
- EUAs see bullish week amidst colder weather, regulatory uncertainty, and strong auctions.
- RGGI sees stagnant market in leu of delays in the Third Program Review. WCI continues its downward trend in market prices after Auction 33.
- Low level of buy interests for spot KAU22 leads up to the decrease in price again this week.
- VCM is welcoming stricter regulation and monitoring following the recent development in COP27. Governments are putting stronger climate policies by mandating science-based targets across the countries' state-owned companies.
Prices
EU ETS: Colder forecasts, contract expiry, and winter auction break drive bullish sentiment
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