EU carbon prices are forecast to fall to an average of €65/t CO2e in 2024, before rising to €71/t in 2025 and nearly €150/t CO2e by 2030. However, the increase may be limited by persistently low emissions, which reduce demand for allowances, and a surplus of permits, data from BNEF shows.

• Allowance supply is projected to increase again in 2025.
• Additionally, four key policy details are still pending, and several reviews are expected by 2026, price volatility could increase, BNEF added.
• EUA DEC 24 down 3.1% at 60.10 EUR/MT

• EUA MAR 25 down 2.7% at 61 EUR/MT