BofA Sees EU Carbon Prices Rising to USD 112/tonne Amid Iran War-Driven Energy Shock
7 Articles
7 Articles
BofA sees EU carbon prices rising to USD 112/tonne amid Iran war-driven energy shock
European carbon prices could rise to €100 (USD 112.12) per metric tonne this winter as high natural gas prices linked to the Iran war encourage power generators to increase coal use, pushing up emissions, according to a report by BofA Global Research.
EU carbon prices may surge amid Iran war energy shock: BofA
European carbon prices could rise to €100 (USD 112.12) per metric tonne this winter as high natural gas prices linked to the Iran war encourage power generators to increase coal use, pushing up emissions, according to a report by BofA Global Research.
Rising natural gas prices are leading to increased coal-fired electricity generation, boosting CO₂ emissions and demand for emissions allowances.More...
Emissions rights up to 100 euros per ton in winter.
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