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…
https://www.reuters.com/markets/carbon/europes-carbon-price-hits-record-high-100-euros-2023-02-21/