💡NEW report: China Carbon market survey This recent survey, conducted among China's power enterprises (729 respondents, 1/3 of national ETS’s compliance entities) yielded many interesting results Its objective is to “gather suggestions to construct the China ETS”, and the

Godfather of EU carbon market Jos Delbeke says CO2 offsets deserve second chance Delbeke told POLITICO in an interview, “but we have to be very restrictive on the quality of those credits. And we have to be very alert and make our own decisions on the quantity that we are

On Friday morning #EUETS price held steady at just below €73 following yesterday’s selloff. In addition to geopolitics, June option expiry and French nuclear availability, this Triple Witching in 🇺🇸 market is another driver to watch out for 👀

While common sense suggests that both Iran and China depend on the Strait of Hormuz-making a full closure very unlikely-rationality no longer shapes today’s dynamics. We are living in an era defined by strategic irrationalities. #OOTT

Instead of reading ‘hot takes’ about the Strait of Hummus by Fintwit influencers who had never heard of it until 10 days ago, do yourself a favor and read this well-reasoned piece by freight researcher Yiannis Parganas (Intermodal).

Just waking up in Europe? Overnight, the US bombed three nuclear sites in Iran, drawing America into another war in the Middle East. Follow our live blog for the latest updates: on.ft.com/40ami76

Oil price expected to surge after US strikes Iran on.ft.com/44b0yJD

Has Iran ever closed the Strait of Hormuz? Not so far A full closure remains unlikely. It would wreck havoc on Iran's economy, while surging oil/gas prices could upset customers (China, US) But here are some ways Iran could disrupt the oil trade🧵👇 bloomberg.com/news/articles/…

🌷 Monday morning #EUETS snapshot from Amsterdam Dec-25 steady at slightly below €73 now as market participants continue to monitor the geopolitical tensions #Hormuz 🚢 Another key driver is June-25 EUA options expiry on Wednesday

China is on target to launch a unified national power trading market by the end of this year, according to its main electricity grid operator bloomberg.com/news/articles/…

#EUETS 2