Erosion of confidence with EU carbon prices
![EuropeanCarbonCredit Chart280224](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjAyJTJGRXVyb3BlYW5DYXJib25DcmVkaXRfQ2hhcnQyODAyMjQtNzY4eDUyNy5qcGcmY2FjaGVNYXJrZXI9MTcwOTE5MzM2MS03NDY0OCZ0b2tlbj0wMTU2N2NmNmI5NTlkZDIz.q.jpg)
In February, EU carbon credits reached a level of less than 60 € / EU ETS allowance, due to a downturn from the auctions (Chart 28.02.24: Intercontinental Exchange). Important carbon credit buyers, such as Shell, Nestlé and EasyJet recently retreated…