EU Carbon Is Pricing In a Less Aggressive Push to Ease Costs

The European carbon market is scaling back expectations for how aggressive government intervention will be as Brussels looks to ease energy-cost burdens for the region’s ailing heavy industry.

European Commission President Ursula Von der Leyen this month said the bloc would address the carbon component in energy prices when it makes revisions to help contain power costs. At the time, carbon futures hit an almost one-year low on speculation of a push for hard measures to cut prices.