EU carbon price hits 11-year high as Europe eyes bolder climate policies

Madeleine Cuff
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Ursula von der Leyen, the European Commission president nominee, wants to expand the EU carbon price to shipping and aviation | Credit: Global Panorama
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Ursula von der Leyen, the European Commission president nominee, wants to expand the EU carbon price to shipping and aviation | Credit: Global Panorama

Price tops €28 per tonne on Wednesday as traders anticipate market reforms

EU carbon prices hit an 11-year high of €28 per tonne on Wednesday, as reforms to reduce the carbon trading system's number of excess permits in the system kick in. After a decade of single-digit prices,...

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