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ANALYSIS: EU carbon prices surge as Brussels swerves “worst case” scenarios for ETS reform, but market in the dark on details
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Updated 2 hours ago
First seen March 20, 2026 11:00:12Stay on top of this story
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Quick Summary
Benchmark EU carbon futures jumped nearly 10% on Friday morning after the European Commission confirmed it would imminently propose several changes to help ease prices in the near term, as well as planned medium-term reform measures including a €30 billion 'investment booster' for decarbonisation, as participants said they now consider fundamental changes to the Emissions Trading System, or possible suspension of the market, to be off the table.