Dear Sir or Madam,
Economist Veronika Grimm has sharply criticised the German government’s new fuel rebate scheme. She told the *Kölner Stadt-Anzeiger* that it was “cynical” to subsidise the use of internal combustion engines at the expense of the younger generation. Opportunistic politics may be intended to appease voters, she argued, but it leads to their frustrated rejection of established parties, “because they simply aren’t doing their job”. This affects both opponents of climate action and business leaders, who, in the face of this short-sighted approach, “can only shake their heads”.
The German automobile club ADAC had also argued in favour of reducing the electricity tax instead, which would have provided relief to all businesses and citizens in Germany.
The first ‘early auctions’ for the EU ETS2 are due to take place as early as January 2027 at the European Energy Exchange (EEX) in Leipzig; this scheme will replace national emissions trading for the buildings and transport sectors.
As a member of the EEX, we would be grateful if all our readers could let us know whether they are interested in participating in the auctions, as this is also information of interest to the EEX energy exchange. We will, of course, pass on all information in an anonymised form.
Last week, prices in the EU ETS1 rose moderately as the submission deadline draws nearer. The benchmark EUA contract on the ICE rose by a further 1.6 per cent, trading within a range of 84.07 to 88.53 euros.
This week, the EEX will offer a total of 9,922,500 EUAs for auction across four trading days.
Anyone who still has an outstanding requirement for EUAs to be surrendered by the end of the month should place their buy order by next week at the latest, so they can approach the deadline with peace of mind.
| Instrument | 11/09/26 | 18/09/26 | Change |
| EUA (December-2026-Future) | 85.52 EUR | 86.89 EUR | +1.37 EUR |
| EUA2 (December-2027-Future) | 66.55 EUR | 66.55 EUR | +0.00 EUR |
| nEZ26 (national German Emission Certificates) | 65.00 EUR | 68.00 EUR | +3.00 EUR |
| UKA (December-2026-Future (UK)) | 62.45 GBP | 59.36 GBP | -3.09 GBP |
| UK Natural Gas (December-2026-Future) | 203.19 GBP | 202.25 GBP | -0.94 GBP |
| ICE Brent Crude Oil (December-2026-Future) | 99.78 USD | 99.29 USD | -0.49 USD |
| EURO (Forex) | 1.1599 USD | 1.1486 USD | -0.0113 USD |
(EUA, EUA2, UKA, Natural Gas, Crude Oil and Euro Currency shows day-end-exchange quotes of the benchmark contract. This market information has just an informational character and are no advice or offer to trade emission allowances or their futures and options. If you want to unsubscribe, please reply to this mail.)
Please call our international carbon desk if any further questions exist: +49.2831.1348220 or book here a call with one of our specialists.
With kind regards,
Your Advantag – Team