Americas > Global carbon allowance revenues rise 9% to $63 bln record in 2022 -report

Global carbon allowance revenues rise 9% to $63 bln record in 2022 -report

Published 15:20 on March 22, 2023  /  Last updated at 15:20 on March 22, 2023  / Roy Manuell /  Americas, Asia Pacific, Canada, China, EMEA, EU ETS, International, UK ETS, US  /  No Comments

A total of more than $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, according to a report published Wednesday, with soaring prices in the EU's carbon market driving revenues to a new record.

A total of more than $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, according to a report published Wednesday, with soaring prices in the EU’s carbon market driving revenues to a new record.

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