Market researcher Point Carbon had expected a “yes” vote in the European Parliament’s Environment Committee to immediately boost prices within the EU Emissions Trading Scheme (ETS) by as much as €2 ($2.68) per tonne.
Instead, prices had fallen from €5.13 when the markets opened on 19 February to €4.09 by mid-day, despite the Environment Committee supporting by a “surprising” majority the European Commissions’ right to intervene in the flagging EU ETS.
“The
