Updated: Sell-off forces EU carbon to record lows

James S Murray
clock

EUAs hits record low of €11.60 as watchers warn market has "detached" from oil prices

The price of carbon credits in the EU's emissions trading scheme reached a record low for the current phase of the scheme of just €11.60 as many of the large scale emitters covered by the scheme continued...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Sustainable fishing projects net government funding boost

Sustainable fishing projects net government funding boost

Seventeen projects awarded funding from the £100m UK Seafood Fund, which aims to promote sustainable fishing practices in UK waters

clock 03 August 2022 • 3 min read
Credit: Octopus Energy

Octopus Investments raises £800m for renewables infrastructure blitz

Investor announces it has raised £2bn in the year to 31 March 2021, as flagship Octopus Energy brand announces plan to re-power onshore turbines

clock 01 August 2022 • 3 min read
Voluntary carbon markets are growing rapidly as companies and governments look to meet climate goals | Credit: iStock

'Real, verifiable climate impact': Voluntary carbon market council unveils 'core principles' for CO2 credits

From additionality to cracking down on double counting, the Integrity Council for the Voluntary Carbon Markets sets out 10 principles it believes should govern credible carbon credit transactions

Cecilia Keating
clock 27 July 2022 • 5 min read