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16 Apr
16:07

Carbon emissions prices to remain elevated: Czech association

Prices of EU carbon emissions are unlikely to retreat again following their recent surge, as the forthcoming EU Emissions Trading System (ETS) revision will tighten the market to better reflect the EU’s climate ambitions. So says Czech and Slovak steel association Steel Union chairman Daniel Urban. Over the last two years carbon emissions allowances have soared from around €10/tonne of CO2 to €40/t ($48). Steelmakers are no longer receiving free al…
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