US Carbon Markets Still Going Strong as EU Allowance Prices Seesaw
A recent RFF event on the future of carbon pricing provides a forum for insight on international policy for S&P Global.
But when utilities pay more for releasing carbon dioxide into the atmosphere, the cost may be reflected in higher consumer bills. Conversely, U.S. states or EU nations participating in carbon markets receive less revenue when prices dip.
"Price sensitivity is something we're going to have to be aware of," Joseph Majkut, director of the Center for Strategic and International Studies' energy security and climate change program, said during a March 10 webinar hosted by Resources for the Future.
