EU Carbon Investors Might Have Tripled Their Money Since the Pandemic’s Depths

April 22, 2021 — LONDON: Investors who bought EU carbon allowances on March 18, 2020 — the depth of the pandemic — might have tripled their money.

The market traded as high as a record 46.68 euros a metric ton this morning, ahead of President Joe Biden’s climate summit, after dropping as low as 15.71 euros last year, according to data on the website of ICE Futures Europe.

ICE

Climate negotiations are ramping up; Paris rulebook / carbon club scenarios for 2030, 2031:

http://carrzee.org/2021/04/21/consider-some-2030-scenarios-that-may-hit-the-jackpot-for-science-money-climate-justice/

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