EU carbon prices surge on policy changes, but coal burn continues

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Brussels to Beijing: Commodity Policy in Europe and Asia Podcast

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EU carbon prices have surged to 10-year highs of nearly Eur26/mt in recent weeks, boosted by policy changes to tackle oversupply as part of the EU's wider efforts to combat climate change by cutting emissions. But while policy-makers are often told high carbon prices will push out coal-fired power...