Montel Weekly

Can COP28 spur EU carbon market?

November 24, 2023 Montel News Season 5 Episode 42
Montel Weekly
Can COP28 spur EU carbon market?
Show Notes

World climate negotiators will meet for UN-led talks in Dubai next week in attempt to slow warming that is exacerbating extreme weather from flooding to heatwaves to drought. Could COP28 provide impetus to Europe’s carbon market, where prices have dropped from a record high above EUR 101/t to a one year-low below EUR 75/t amid weak fundamentals and rising geopolitical risks. Listen to a discussion on the outlook for the EU’s key climate policy tool.

 

Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel

 

Guests: Ingvild Sørhus, Lead Carbon Analyst, Veyt