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Navigating the Carbon Market Landscape
This chapter explores the evolving dynamics of carbon markets, with a particular focus on the EU Emissions Trading System (EU ETS) as a leader in global compliance efforts. It discusses the interplay between EU and UK carbon markets, recent geopolitical shifts, and the implications of the Carbon Border Adjustment Mechanism (CBAM) on market participants. Emphasizing the importance of industrial engagement and potential investment opportunities, the chapter outlines the future trajectory of carbon trading amidst ongoing decarbonization efforts.