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Introduction to Futures Trading

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U.S. stock CFD derivatives

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Launch

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EU Halts Carbon Allowance Sales, Secures €8 Billion for Energy Transition

2026-06-22 19:41:19

According to an EU Commission official statement, the European Union halted the sale of pre-allocated carbon emission allowances on Monday after achieving its €8 billion fundraising target through its Emissions Trading System (ETS). The funds are intended to support Europe's transition away from Russian natural gas.

Following the completion of this goal, the EU adjusted its carbon allowance auction schedule. From June 23 through August, auction volumes on the unified EU auction platform will be reduced from 3.1985 million allowances to 2.8175 million allowances.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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