Report: EU carbon market on course for highest CO2 price in the world by 2030

Michael Holder
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

BloombergNEF predicts the EU's secondary emissions trading system - known as ETS2 - could see the price of CO2 surge to almost €150 a tonne by the end of the decade

CO2 prices on the EU's new secondary carbon market, which is designed to cap emissions from fuel used in buildings, road transport, and small industrial sites from 2027, could become the highest in the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Global Briefing: Study claims world's biggest firms have caused $28tr in climate damage

Keir Starmer: 'Homegrown clean energy is in the DNA of my government'

More on Carbon Trading

New Patch platform to streamline carbon credit sourcing and buying
Carbon Trading

New Patch platform to streamline carbon credit sourcing and buying

Carbon market platform unveils software designed to replace manual and fragmented workflows and aggregate hundreds of millions of available credits

Business Green
clock 24 April 2025 • 2 min read
Could the UK emerge as a global hub for high integrity carbon markets?
Carbon Trading

Could the UK emerge as a global hub for high integrity carbon markets?

Government sets out new integrity principles in a bid to boost confidence in carbon and nature markets, as buyers warn of a squeeze on high quality credits that could see prices start to rise

Stuart Stone
Stuart Stone
clock 17 April 2025 • 10 min read
Reports: UK and EU seeking landmark carbon market deal
Carbon Trading

Reports: UK and EU seeking landmark carbon market deal

Reports suggest UK government is prepared to align with EU Emissions Trading Scheme as part of efforts to strengthen ties with Brussels and avoid threat of carbon border levies

James Murray
James Murray
clock 17 April 2025 • 3 min read