CLIMATEglobal
Euro Markets: EUAs drop sharply on accelerated reform plans ahead of EU summit and options expiry
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Updated 2 hours ago
First seen March 17, 2026 20:30:55Stay on top of this story
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Quick Summary
European carbon allowance prices extended the previous afternoon's decline for much of Tuesday, falling to a new 11-month low amid sustained selling pressure before rallying in the last quarter of the day, as traders continued to react to the European Commission's plan to propose early amendments to the market's supply regulation mechanism and anticipate Wednesday's expiry of March options.