EU carbon price hits record high as Brussels mulls tightening EU ETS rules

摘要

European carbon prices set a new record in early Wednesday trading, rising to EUR 41.85/tonne on ICE Futures, as a wave of speculative interest continued to drive the market. The latest price surge – on the December 2021 benchmark futures contract – is widely attributed to a bullish investment environment in which equities and commodities are rising, underpinned by a belief that the European Union (EU) is set to tighten the rules of the EU Emissions Trading System in the summer.