Charting carbon's course

I wanted to update you all on some of the 6 main charts I’ve been highlighting over the past few months. Paid subscribers in particular, will be familiar with many of them. It’s important to revisit them occasionally for clues as to how underlying trends are evolving and what they might mean for both the carbon market, and related investments.

Together they show a mixed picture across the EU carbon market, one that is gradually adapting to a new market environment following the Russian invasion of Ukraine and subsequent political and economic uncertainty. Some of the charts offer some surprising grounds for optimism, especially given the short shift that many investors now appear to be giving to ‘ESG’ related investments.