Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price

The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation

The price of CO2 allowances under the EU Emissions Trading Scheme (ETS) has almost halved in one year. The price…

Full text: https://www.euractiv.com/section/emissions-trading-scheme/news/europes-industrial-decarbonisation-at-risk-amid-sharp-drop-in-co2-price/

Author

Nathan Canas

Source

Euractiv, 2024-03-04.

Supplier

Agora Energiewende
EDF - Électricité de France
Euractiv
European Chemical Industry Council (CEFIC)
European Union
Potsdam Institute for Climate Impact Research (PIK)

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