Germany’s new energy transition plan is unlikely to have a big impact on prices in Europe’s carbon market, analysts said on Friday, despite plans to introduce a minimum carbon price domestically. The incoming German coalition government on Wednesday announced plans to ideally bring forward Germany’s coal exit to 2030, from a previous target of 2038, and said it could introduce a minimum domestic carbon price of 60 euros/tonne if a floor price cannot be implemented at an EU wide level. read more The benchmark EU carbon allowance (EUA) price rocketed to a record high above 75 euros a tonne on Thursday, which some market participants attributed to bullish sentiment surrounding the German announcement. However, […]