EU Carbon Price Goes Under €56 T/CO2, Lowest Levels in Two Years

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  • 26 Feb 2024
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EU Carbon Price Goes Under €56 T/CO2, Lowest Levels in Two Years

Significant market development. This downturn reflects a decrease in demand for permits, influenced by a sluggish manufacturing sector and a dip in natural gas prices. The decline underscores the volatility of carbon markets amidst fluctuating industrial activity and energy costs.

Source: Carbon Herald