Carbon News - Intelligence for the carbon market

Carbon prices suffer as global economy sweats

Thursday 19 Mar 20 11:00am


THE GLOBAL economic downturn brought on by the Covid-19 pandemic is hitting carbon prices.

In Europe, prices have almost halved to 18 and an auction has been cancelled due to lack of interest. In California, prices are at their lowest level in more than three years, falling to $16 overnight.

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