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Carbon Markets - Week 3

Highlights:

  • EUA Dec-23 continues to follow Dutch TTF front-month
  • RGGI V23 Future Dec-23 contractbegins to restabilize after initial dip in prices during the start of the new year 
  • CCA V23 Future Dec-23 contract reaches three-week high as upward price trend continues
  • K-ETS: Transaction volume continued to be sluggish due to KAU22 price drop and volatility expansion
  • VCM: The VCM continues to slip amidst heightened criticism towards REDD+ projects

Prices EU ETS Carbon continues to take direction from energy complex The EUA Dec-23 futures contract continued to follow the TTF front-month contract for most of week 3. Prices slid from Thursday’s (12 Jan) settlement price of EUR 80.24/t to close at EU...

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