EU carbon allowances rose to their highest level since January as coal generation picked up across the bloc. The move reflects higher demand for permits from power producers leaning on coal, a sign that the energy transition is still vulnerable to fuel switching and seasonal supply pressure. Higher carbon prices make coal more expensive and improve the competitive position of gas and renewables, but they also reveal how much coal is still on the system. For anyone tracking the EU ETS, the key question is whether this price strength holds through winter and whether it translates into actual emissions reductions or just higher input costs. Read the full Bloomberg article for details on the drivers behind the price move and what it means for the EU carbon market.
