Policy & Regulation

EU carbon prices surge in volatile market

The price of EU carbon allowances cleared €25/t this week, but volatility remains high The price of EU carbon allowances cleared €25/t this week, but volatility remains high.
By Andreas Walstad 12 September 2018 0 32506
Prices for EU allowances

Prices for EU carbon allowances rose above €25 per ton ($28.97/t) this week, but volatility remains high.

Prices for EU allowances, 12 Sep

The benchmark December 2018 contract closed above €25/t on the ICE exchange on Monday, after gaining more than €2/t during the day. Prices have since fallen slightly, and the contract was trading at just above €24/t on Tuesday. Prices are more than €15/t higher than the levels seen in January. The anticipation of...