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EU carbon price set to average at 23tn between 2021 and 2030

2014-09-02 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: A Thompson Reuters report on EU energy and climate policy has concluded that stricter regulations, based on proposed reforms to the European Emissions Trading System (ETS), will raise the EU carbon price to an average of 23/t between 2021 and 2030. Stricter regulation, argues the report, will force up the price of emission permits, currently valued at 6/t. The sharp increase in carbon price to 23/t is dependent on proposed reforms to the ETS that would limit the amount of permits available in...

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