The European Parliament’s environment committee is due to decide today on a proposed change to EU law that would allow delaying the sale of some carbon permits as part of an effort to support prices. / The proposal is widely expected to pass but it’s unlikely to trigger any sustainable rise in carbon prices. The vote is only the first step on a long road toward final approval. Next step is European Parliament vote on 1st-4th July. Carbon prices has been rising in recent weeks from its bottom of 3 EUR (after April-16 European Parliament rejection of the previous proposal) to current 4.7 EUR. Please note a higher CO2 prices are in favour of CEZ earnings; On the other hand, thermal coal prices has been falling during recent weeks with a faster pace which has a higher negative effect on CEZ earnings.