Policy & Regulation

EU carbon prices continue bull run

Prices for EU carbon allowances under the European Emissions Trading System hit €16 per ton on Tuesday Prices for EU carbon allowances under the European Emissions Trading System hit €16 per ton on Tuesday.
By Andreas Walstad 23 May 2018 0 30976
EU carbon allowances, Dec 18 contract

Prices for EU carbon allowances (EUAs) under the European Emissions Trading System (ETS) hit €16 per ton ($18.86/t) on Tuesday, more than €11/t higher than at the same time last year and the highest price seen in seven years.

Data on the Intercontinental Exchange showed that the benchmark December 2018 contract hit a high of €16.08/t during Tuesday’s trading session. Carbon prices started to climb during the second half...