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EU carbon price clears €20 for first time since 2008

Rapid price surge is being driven by prospect of reforms taking effect in 2019

Madeleine Cuff
23 August 2018

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EU ETS carbon price breaks €20 per tonne mark, as demand increases ahead of looming market reforms

The EU carbon price has broken €20 per tonne for the first time since 2008 this morning, as impending reforms to the market drive speculators and businesses to stockpile allowances. The price of carbon...