Carbon Markets Weekly January 19-23

European carbon prices markets heavily driven by Thursday’s ITRE EU Parliament committee vote on the market stability reserve. The results triggered a sharp downward signal that add preassure on a general weak energy context. Friday’s trading showed some consolidation after Thursday’s sharp losses.

EUA Dec-15 contract closed on Friday at €6.88/t, down €0.47/t (-6.39 percent) week-on-week. In the UN-backed CDM market, the CER contract for December 2015 closed almost flat at €0.45/t, losing €0.01/t (-2.17 percent) from the previous Friday’s finish.

(Market analysis and data by Thompson Reuters PointCarbon, our data visualization using Tableau Public)