Almost 90 countries plan to use carbon pricing to meet their Paris agreement commitments. (pixabay.com)
The prices for EU carbon allowance (EUAs) have levelled out at above €20 per ton ($23.2/t) after a bull run of more than a year led by EU efforts to remove surplus allowances from the market.
After a recent bout of extreme volatility – which saw the price of EUAs swing from highs above €25/t to lows around €20/t within just a few days – the benchmark December 2018 contract settled at €21.2/t on the ICE exchange at the end of trading on 28 September. But...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in
