EU reportedly drafting a plan to end automatic cancellation of excess permits in EU Emissions Trading System (EU ETS), according to reports
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Iran's Bushehr nuclear power plant reportedly struck again, according to Press TV; unclear if the plant or adjacent site has been damaged at this time
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EU reportedly drafting a plan to end automatic cancellation of excess permits in EU Emissions Trading System (EU ETS), according to reports
White House and Senator Hawley reportedly set to introduce legislation on merger tax breaks, according to reports
Egypt's foreign minister says a direct meeting between Iran and the US could be 'the last opportunity to avoid a fully fledged escalation in the region'
On the Newsquawk feed at , 20 minutes before this page.
Context
The EU's decision to potentially stop the automatic cancellation of excess permits in the Emissions Trading System (ETS) could signal a shift towards greater flexibility in carbon trading. This move may impact carbon prices and encourage more speculation in the market, which could ripple through energy and power sectors. Traders should monitor how this regulatory change could affect compliance costs and overall carbon market dynamics.
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