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What Actions Are Being Considered in the Carbon Market in the EU ETS?
The rise in energy prices in Europe is overwhelmingly a gas story, says David Cameron. The increase in carbon over the last 12 months is responsible for between 5 and 10% of the increase in wholesale power prices,. There is a lot of focus now from European policymakers on what they can do to keep prices in the European carbon market more under control at least as we get through this winter.