Global Carbon Prices See 'Seasonal' Rise; EU Commission Bans Export of Kyoto Credits

摘要

The price of carbon emission allowance units under the EU Emission Trading System broke through the €15 ($18.60) barrier in April, a 24 percent hike over prices in March, according to the latest monthly reportissued by the London-based European Climate Exchange.rnThe jump ends a gridlock in prices that held over the winter months when European Emission Allbwances (EUAs), which represents the right to emit 1 metric ton of carbon dioxide-equivalent under the European Union's Emission Trading System, remained below the €13 ($16.10) mark, the European Climate Exchange said. At their peak value in August 2008, before the global financial crisis began, EUAs hit the €28 ($34.70) mark.