Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
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With the 2026 EU ETS revision on the horizon, regulatory risk is back in focus, and the balance between market discipline and political intervention is once again being tested.
Europe’s carbon market is heading into another defining moment. Less than four years after its last overhaul, the EU Emissions Trading System (EU ETS) is once again under review, this time framed not just around climate ambition, but around competitiveness and strategic autonomy.
For a market that has grown into an €800bn+ cornerstone of European climate policy, the stakes extend far beyond emissions targets. Regulatory signals are already shaping expectations, volatility, and positioning. In this article, we examine what the 2026 revision could mean for market stability, pricing dynamics, and the long-term credibility of Europe’s flagship decarbonisation tool.
As the 2026 review of the EU ETS approaches, policy uncertainty is resurfacing, putting the equilibrium between market discipline and political discretion under renewe.....