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.

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