Quotas — latest ecology news

Carbon trading is only one part of global decarbonisation

94% of electricity costs are caused by other factors

A decline in industrial production in Europe could reduce demand for permits

China's carbon prices peak at around $9 per ton in early 2022

A major source of contention is the speed at which free emissions permits are phased out

Prices reacted strongly depending on the vote in the European Parliament and the position of the Council of the EU

In July, the policy will have a neutral effect on EUA prices

The Council approved a proposal to phase out free benefits for CBAM-related sectors from 2026 to 2035

There are 60 projects in the steel industry that can reduce 81.5 million tons of carbon emissions per year by 2030

The waiver of free quotas in the sectors covered by the CBAM will last from 2027 to 2032.

Proposed phasing out of ETS incentives for European industry from 2028 to 2034

Convergence of prices, coverage and benefits between countries at different stages of economic development is unlikely