Carbon to Hit 100 Euros Sooner Than You Think

For more than a decade, BloombergNEF has been forecasting the price of carbon credits under the European Emissions Trading Scheme (EU ETS), and in the latest edition, the forecast breaches the 100-euro barrier for the first time ever. This week, Switched On speaks with Jahn Olsen, lead carbon analyst for BNEF about the factors contributing to this price forecast, and what it means for carbon emissions and the players involved.This episode is based on the 1H 2021 EU ETS Market Outlook. BNEF clients can access this at BNEF<GO> on the Bloomberg Terminal, on bnef.com or BNEF Mobile.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.