Carbon market could be worth EUR2 trillion by 2020

A US greenhouse cap-and-trade scheme could propel the global carbon market's worth to EUR2 trillion ($3.1 trillion) by 2020, a report by information provider Point Carbon reveals.

According to the report, 67% of the total would be traded within a US emissions trading scheme (ETS), while the European Union's scheme, the EU ETS, would trade 23% of the global market. The figures released by the report predict a carbon price of EUR50 ($78.7) in 2020.

"With a US-EU engine established as a core, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

2021 brings big changes to the carbon market landscape

ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here