Carbon trading is a growth market
Carbon set for sustained price rally in chase for net zero
Emissions trading reignited as market takes centre stage as carbon abatement driver
Carbon prices are set for a sustained rally as the formalisation of net-zero emissions targets and an influx of new capital drive it to new highs and transform it into the world’s biggest commodity market, according to speakers at the FT Global Commodities Summit. Prices in the EU Emissions Trading System (ETS), the most liquid carbon market, have doubled in the last year to more than €50/t ($60/t) and are expected to trade as high as €75/t by the end of the year as the supply of allowances tightens and the scheme widens to cover additional sectors, speakers said. “The objective is to get to net zero by 2050, and that is now a legally binding target,” says Mark Lewis, head of Climate Researc
Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
