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EU emissions trading system

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    EU auctions 2.792 million carbon permits at 85.9 euros▼European Union auctions 2.792 mln spot carbon permits at 85.9 eur/t✉newsWorldEU Politics1 h ago

    The European Union auctioned 2.792 million spot carbon permits at a clearing price of 85.9 euros per tonne. The result offers a snapshot of EU carbon market levels under the Emissions Trading System, which prices pollution for heavy industry and power producers. Traders and analysts track these auctions closely as the carbon price influences energy costs and corporate decarbonisation incentives.