The price of carbon fell to its lowest level in 14 months on Thursday after traders were unconvinced that the agreement struck at the COP28 summit would lead to meaningful action by governments on the climate.
Futures contracts tracking the EU’s emissions trading scheme, the world’s largest carbon trading market, briefly slumped as much as 4 per cent to below €66 per tonne of carbon emissions in London.
The fall, to its lowest level since October 2022, compared with €71 before talks started and extended the declines of the week when a draft agreement emerged that had dropped references to the phasing out of fossil fuels.
您已阅读25%（626字），剩余75%（1844字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。