EU refuses to intervene in rising carbon price

The price of emitting CO2 is rising dramatically, but the EU Commission says it won't interfere with the system as it finally seems to be working as intended to advance climate change mitigation. Although the price will not necessarily continue its rapid ascent.

The current price of emitting CO2 is at a record high. This summer the EU Commission will present a reform proposal for the ETS system. | Photo: Ina Fassbender/AFP/Ritzau Scanpix


At ended trading hours Friday, the cost of emitting one tonne of carbon dioxide within the EU Emissions Trading System reached EUR 50.35 – the highest price ever on CO2 pollution.

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