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European carbon benchmark prices hits all-time-high, surpassing 70-euros mark Updated: 2021-11-23 07:30:27 KST

The European benchmark price for carbon permits has surpassed 70-euros a ton, a new record high.
Monday was the sixth consecutive business day that European Union Allowances, hit an all-time high, touching 71 euros 21 cents a ton.
Watchers say the colder weather and less wind power output led to increased fossil fuel use, boosting demand for carbon permits.
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