Post Tagged with: "carbon price"

Source: World Oil

Europe’s carbon price hits new record as natural gas becomes scarce

World Oil


(Bloomberg) — Europe’s carbon price jumped to a record as the region’s energy crisis is driving up demand for some of the most polluting fuels.

 

Businesses are burning coal and even oil to keep power stations and …

Source: Reuters

Analysts raise EU carbon price forecasts as tougher climate targets loom

Reuters


LONDON – Analysts have raised their European carbon market average price forecasts after prices hit record highs this month on expected toughening of EU climate targets and as cold weather drove up the cost of carbon permits.

EU Allowances …