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EU Carbon Market in Freefall: Insights from Analyst Henry Lush Illuminate Market Trends and Challenges
European Union (EU) carbon prices have undergone a notable downturn, hitting a new 22-month low at €61.40/t, as reported in Veyt’s carbon market note from Henry Lush, Analyst EU Carbon. This decline brings the market to levels not seen since the Russian invasion of Ukraine approximately two years ago. Lush’s technical analysis signals the potential…