Breaking: European Parliament backs plans to push up carbon price

clock

MEPs approve proposals to temporarily withhold auction of 900 million CO2 allowances in attempt to reduce glut in the market

The European Parliament has approved plans designed to boost the EU's carbon market and drive green investment by tackling the glut of allowances that have sunk the price of CO2 to record lows this year....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Demand for high-integrity credits driven by US, where carbon removals projects are issuing around 20 per cent of global supply, study finds

Stuart Stone
clock 05 December 2025 • 3 min read
Law firm Clyde & Co announces innovative five-year carbon removal deal

Law firm Clyde & Co announces innovative five-year carbon removal deal

Clyde & Co partners with Nature Broking on pioneering balance sheet treatment that transforms sustainability investment from cost to asset

clock 27 November 2025 • 3 min read
Study: Voluntary Carbon Market increasingly seen as 'proven' route for driving climate action

Study: Voluntary Carbon Market increasingly seen as 'proven' route for driving climate action

Two-thirds of sustainability professionals trust recognised VCM standards, but 46 per cent stress clearer policy is needed to further scale the market

Stuart Stone
clock 04 November 2025 • 5 min read