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Europe's energy crisis queers the pitch horribly for COP26 telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Carbon Trade Could Be 10 Times Bigger Than Global Crude Oil Market oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
Why the World's Largest Carbon Market Is Experiencing a Boom Like Never Before nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
The European Union carbon price hit a record high of above €50 per tonne on Tuesday (4 May), a key milestone in what analysts say is likely a long-term climb towards the price levels needed to trigger investments in innovative clean technologies. The EU carbon market is the bloc’s main tool for curbing greenhouse gas emissions that cause climate change, forcing power plants, industry and airlines running flights within Europe to buy permits when they pollute. With the bloc striving to meet tougher climate goals – including a new target to cut net greenhouse gas emissions by at least 55% by 2030 – the market has found more impetus. ....