The UK carbon market continues to trade at a hefty premium compared with the EU.
Four factors are contributing to the high price of carbon in the UK: lower natural gas prices versus the continent, greater political support for businesses suffering from high energy costs, increased speculative interest from hedge funds, and a fundamentally tighter market for allowances.
Welcome to Carbon Risk ā helping investors navigate 'The Currency of Decarbonisation'! š. If you want to know more about how carbon markets combat climate change, what this burgeoning market means for investors, and the latest trends affecting decarbonisation then please consider upgrading your subscription. Subscribe now š« Note that Iā
Consensus builds for an expansion in 'target-consistent' carbon pricing
The UK is a carbon pricing pioneer, but it's system of taxes and subsidies makes it more expensive to reach net zero
Efforts to cut the carbon intensity of copper are at risk from climate change