US EditionTrading in Emission Allowances for Households Has Begun, the Price Has Skyrocketed. There Is a Risk of an Increase in the Price of Heating and Gasoline
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The ICE exchange recently started trading futures contracts for the new ETS 2 allowances, which are intended for passenger transport and households. The price is currently higher than the EU's estimated 45 euros per tonne, but around 80 euros per tonne. This could lead to a sharp increase in fuel and energy prices, according to estimates by Bloomberg and others.
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