Prices in the world’s biggest carbon market are soaring | The Economist

Prices in the world's biggest carbon market are soaring

Investors are paying attention; many see it as a one-way bet

AS FINANCIAL MARKETS become cheerier about the pace of vaccinations and the chances of a speedy economic recovery, the prices of stocks, commodities and all sorts of assets are rising. So too are carbon prices in Europe, home to the world's largest emissions-trading system.

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