Carbon markets - Week 49: EU ETS reaches three-month high while voluntary market tanks

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Highlights:

• EUAs reach new three-month high amidst cold snap
• Virginia Air Pollution Control Board backs the state’s efforts to exit RGGI
• Legislative proposal to reduce GHG 55% below 1990 levels is introduced as new California General Assembly is sworn in
• Bearish sentiment continues to prevail in the Korea ETS ahead of this year’s last primary auction
• The VCM reached its lowest point over the year 2022 with the closing prices plummeting up to USD 0.82/t on Wednesday, 07 December

Prices

EU ETS

EU...

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