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.
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.
Transforming Climate Challenges into Business Progress
STRIVE is the consulting division of the STX group, helping companies achieve their climate goals through high-impact strategies and optimized decarbonization pathways.
News
As the 2026 review of the EU ETS approaches, policy uncertainty is resurfacing, putting the equilibrium between market discipline and political discretion under renewed strain.
The EU ETS is a mature and highly developed market. Its liquidity, broad participation, and widely referenced carbon price are precisely what give it strength and credibility. But that strength is also a source of vulnerability.
As the ETS becomes increasingly central to Europe’s climate and industrial strategy, it is inevitably pulled into political debates it was never designed to settle.
Diverging positions among EU political leaders on the future of the system, and on how it should contribute to Europe’s competitiveness, have recenlty influenced market expectations and pricing dynamics.
On 15 January 2026, ICE Dec-26 UKA futures hit an intraday high of £75.45, closing at £72.88. The sterling-equivalent spread to Dec-26 EUAs had compressed to around.....
