Europe’s Short-Term Pivot to Coal Means Long-Term Pressure for Allowances

Gas prices just keep going up in Europe as Russia undergoes routine maintenance that is leaving the Nord Stream pipeline running at significantly reduced flows to Europe, reported Bloomberg. The pipeline is set to run at just 20% capacity beginning Wednesday as Gazprom PJSC takes another turbine offline for maintenance, compounding Europe’s natural gas supply [...] The post Europe’s Short-Term Pivot to Coal Means Long-Term Pressure for Allowances appeared first on ETF Trends .