Fathers of Carbon Market Say EU Needs Higher Pollution Costs
- Jos Delbeke and Peter Vis comment on rising emissions prices
- Speculation by hedge funds helped drive prices to record
Carbon prices have jumped about 30% in the past six months.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
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The European Union should not weaken the world’s biggest carbon market after prices surged to a record last month, according to two of its founding architects.