Carbon trading is a growth market
Carbon set for sustained price rally in chase for net zero
Emissions trading reignited as market takes centre stage as carbon abatement driver
Carbon prices are set for a sustained rally as the formalisation of net-zero emissions targets and an influx of new capital drive it to new highs and transform it into the world’s biggest commodity market, according to speakers at the FT Global Commodities Summit. Prices in the EU Emissions Trading System (ETS), the most liquid carbon market, have doubled in the last year to more than €50/t ($60/t) and are expected to trade as high as €75/t by the end of the year as the supply of allowances tightens and the scheme widens to cover additional sectors, speakers said. “The objective is to get to net zero by 2050, and that is now a legally binding target,” says Mark Lewis, head of Climate Researc
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
