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General Emissions News

The benchmark EU Allowance (EUA) December 2023 contract closed at 98,30 EUR per tCO2, up 2.1% since the prior close and having earlier increased to a record high of 99.35 euros per tonne. In contrast, the California Carbon Allowance (CCA) price forecast for 2023 has been lowered due to weaker industrial emissions and heavier offset usage, along with macroeconomic weakness, energy crises, and regulatory changes causing a slowdown in the global carbon market.

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