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European Emission Prices to Reach €150/t CO2e by End of Decade

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EU ETS prices are forecast to reach around €150/t CO2e by the end of the decade, with prices having to exceed €200/t CO2e to allow all carbon capture storage (CCS) projects to be viable, executive at German Messer Tarek El Hawary said, cited by Montel.

  • EU ETS prices at about €150/t CO2e would allow CCS projects to be less dependent on EU support.
  • The EU Innovation Fund currently covers around 60% of CCS project costs.
  • The December 2024 EU ETS price is up 0.31% at €70.32/t CO2e at the time of writing.
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EU ETS prices are forecast to reach around €150/t CO2e by the end of the decade, with prices having to exceed €200/t CO2e to allow all carbon capture storage (CCS) projects to be viable, executive at German Messer Tarek El Hawary said, cited by Montel.

  • EU ETS prices at about €150/t CO2e would allow CCS projects to be less dependent on EU support.
  • The EU Innovation Fund currently covers around 60% of CCS project costs.
  • The December 2024 EU ETS price is up 0.31% at €70.32/t CO2e at the time of writing.