Montel Weekly

Could EU carbon prices hit EUR 90/t by year-end?

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Synopsis

Earlier this week, Europe’s benchmark carbon price climbed by over 1 EUR to reach a seven-month high. Could it continue to rise? As companies across the EU rush to meet the EU ETS deadline on the 30th September, investment funds’ increase their net long exposure in EU carbon allowances and lower supply could drive the price of EUAs higher. In this episode, Richard speaks to Veyt's Carbon Analyst about why the industry expects a tight carbon market next year, and what impact the reduced allowance thresholds and the introduction of CBAM will have on prices. Host: Richard Sverrisson - Editor-in-Chief, Montel NewsContributor: Cem Bektas - Carbon Reporter, Montel NewsGuests: Ingvild Sørhus - Manager of EU Carbon Analysis, VeytEditor: Bled MaliqiProducer: Sarah Knowles