Explained: How the summer heatwave is helping drive up EU carbon prices

Michael Holder
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Explained: How the summer heatwave is helping drive up EU carbon prices

Higher energy demand coupled with plant shut downs, low wind and hydro production has helped rally EU ETS prices to a seven-year high

As Europe melts in record breaking temperatures, the price of carbon under the bloc's Emission Trading System (ETS) has hit a seven-year high of almost €18 per tonne. What's going on? Could the two...

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