Despite its YTD rally coal is still more profitable than gas in power generation for a lot of the curve. Carbon has dragged itself into positive territory for the year, but could break out later today when ENVI votes on #EUETS reforms. #OCTT 
ICE trading volume in the Dec-22 contract is setting new YTD records, and even though traders complain about a lack of liquidity, we're averaging a record 25 million EUAs a day in the benchmark. Go figure..... #EUETS #OCTT
And that might be because the year-ahead clean dark spread has been steadily improving for a while... #EUETS #OCTT
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