Rising CO2 prices: who will feel them

Last summer, industries subject to the ETS paid prices of around €50 per ton of CO2 emitted for their emission allowances – a previously unattained record. For years, the price bobbed around at less than €10 before it began to gradually rise at the beginning of 2018. Forecasts at the time assumed that prices would continue to rise, to around €80 by 2030. However, this value was already reached last Monday, with no prospect of the trend coming to an end. In the course of Wednesday, the curve even went beyond €90 and settled at €88.88 euros by the end of the trading day.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the Europe.Table? Log in now

Related

    Scholz and the EU: marching in solidarity
    Tech sanctions: large holes in the net
    E-fuels: Is von der Leyen putting pressure on Timmermans?
    Czech Minister of European Affairs Bek: ‘Gas emergency plan is not the final solution’