Surprised by how little attention has been paid to the fact that EU carbon price is breaking record highs - after the 2008 crisis it was reduced to basically zero, after the Covid crisis, it has reached 55 euros per tonne.
To put into perspective how big this is - the target was to reach 23 euros by 2030.
This is massively good news!
New York Times cover story:
Crypto-bros buying all the carbon, poor oil company forced to close. 😂
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