EU carbon hits 100 euros taking cost of polluting to record high

Feb 25 2023

The price of permits on the European Union’s carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute. The benchmark EU Allowance (EUA) contract rose to a high of 101.25 euros per tonne and was trading at 100.49 euros per tonne by 15.49 GMT. EUAs are the main currency…


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