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EU Carbon Rally Triggers Greens’ Call for Curbs on Speculation May 20 2021, 10:35 PM May 20 2021, 5:08 PM May 20 2021, 10:35 PM (Bloomberg) The Greens in the European Union want to bolster the region’s carbon market so that the price on pollution triples by the end of the decade while limiting the role of financial investors in the cap-and-trade program. (Bloomberg) The Greens in the European Union want to bolster the region’s carbon market so that the price on pollution triples by the end of the decade while limiting the role of financial investors in the cap-and-trade program. The permits to discharge carbon dioxide in the EU Emissions Trading System soared 140% over the past year to more than 50 euros per metric ton as the bloc moved ahead with its bold climate strategy. Investment funds, flocking into the world’s biggest greenhouse-gas market on the Green Deal, have helped accelerate the rally and some of them expect prices to rise to around 100 euro

Bas eickhoutMichael blossEuropean unionEuropean commissionEu parliamentTrading systemGreen dealLinear reduction factorMarket stability reserveமைக்கேல் மலரும்ஐரோப்பிய தொழிற்சங்கம்ஐரோப்பிய தரகுயூ பாராளுமன்றம்வர்த்தக அமைப்புபச்சை ஒப்பந்தம்நேரியல் குறைப்பு காரணி