Euro Markets: EUAs end 5-day winning streak on energy pull-back as traders downvote supply mechanism tweak

EU carbon allowances recorded their fourth weekly gain in a row despite snapping a five-day winning streak as energy prices retreated after their own five-day run higher, as traders focused on the European Parliament's proposal for EU ETS reform that included what traders saw as measures to dampen price volatility and discourage speculative participation in the market.