Behind a drained carp pond, water vapour from the cooling towers of the Jänschwalde lignite-fired power plant of Lausitz Energie Bergbau AG rises into the cloudy autumn sky.Europe is home to the world's largest carbon trading scheme —. Analysts expect this record-breaking rally to continue and have picked the stocks most likely to benefit from the trend.
The European Union caps carbon dioxide emissions for many businesses and surplus allowances can be bought and sold. The benchmark carbon price was trading around 51.75 euros per metric ton Monday, close to the 56 euros it hit earlier this month – its highest level since the launch of the market in 2005.
The contract's meteoric rise from around 20 euros before the coronavirus pandemic is thought to be underpinned by Europe's more ambitious climate policy and increased financial investment in the market. Looking ahead, experts are bullish, with some backing a price-end target of
Pro A Call to Protect the Nature! Thread:
Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Pro Hey bitcoin cast more light on this.