EU ETS more effective decarbonisation tool than US Inflation Reduction Act, says bank analyst

Published 11:22 on June 20, 2024  /  Last updated at 11:22 on June 20, 2024  / Roy Manuell /  Americas, Carbon Taxes, CBAM, EMEA, EU ETS, US

Europe’s carbon market sends a stronger decarbonisation signal than Washington's subsidy-laden Inflation Reduction Act (IRA), an analyst told US television network CNBC Thursday, outlining an EUA price forecast of as high as €130 per tonne by 2028.
Europe’s carbon market sends a stronger decarbonisation signal than Washington's subsidy-laden Inflation Reduction Act (IRA), an analyst told US television network CNBC Thursday, outlining an EUA price forecast of as high as €130 per tonne by 2028.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.