Carbon Weekly Newsletter

EUA prices were moving around 23-24 EUR/unit range this week. Prices managed to stabilise after falling from almost 26 EUR/unit level two weeks ago due to general weakness in global equity and commodity markets as economic consequences of Coronavirus became more evident. American central bank lowered its key interest rates by 0.5% on Tuesday on an emergency meeting and G7 finance officials promised they would use all appropriate policy tools to protect against downside risks posed by the virus.

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