How much does Europe charge to pollute?

Compiled daily

EUA proxy via SparkChange CO2.L · Phase IV cap and CBAM are policy reference values, not live exchange feeds.

Where is today's price in its 52-week range?

EU emissions cap shrinks toward 2030

Statutory 2025 and 2030 cap endpoints linked by the Phase IV linear reduction factor — not ten separate annual measurements.

Two years of EU carbon price

Daily EUA proxy closes (€/t) — about two years of history with policy milestones marked.

    How does the EU compare?

    Seven major carbon markets — prices in local currency; not directly comparable without FX and scope adjustments.

    What CBAM covers

    CBAM is the EU's carbon border adjustment: importers of covered goods must report the CO₂ embedded in steel, cement, aluminium, fertilizers, hydrogen, and electricity, then buy certificates linked to the EU carbon price. It is how Brussels tries to stop heavy industry from dodging the ETS by moving emissions offshore.

    Global emissions footprint of goods in CBAM Phase 1 (Mt CO₂/yr, illustrative sector totals). Electricity dominates by volume — bar length shows the scale.

    What this means

      For your region

      Looking up your region…

      EEX auction calendar & revenue by country

      Reference auction cadence and how member-state revenue scales with today's EUA price. The actual EEX calendar publishes upcoming auction dates on eex.com; this table shows steady-state shares.

      What drives this

      What this drives

      • Trade costs →ETS expansion and CBAM change the cost of moving carbon-intensive goods.
      • Cleaner industry →A stronger price can accelerate fuel switching and pollution controls.

      How we know this

      • EUA price: Daily close of SparkChange Physical Carbon EUA ETC (Yahoo Finance CO2.L) — indicative proxy, not ICE/EEX live.
      • Update cadence: Price history refreshes daily; cap, MSR, CBAM, and cross-market figures are policy reference values updated when rules change.
      • Scope: EU ETS covers ~40% of EU greenhouse gases — aviation and shipping partially in; buildings/road transport move to ETS 2 from 2027.
      • Limitations: Indicative only — not for trading. Cross-market tiles mix live EU proxy with ICAP reference prices. “Near you” uses ipapi.co IP geolocation.
      • Primary data: Yahoo CO2.L · DG CLIMA EU ETS · ICAP · How this page is built

      Indicative only — not for trading. Prices may be delayed vs ICE/EEX live feeds.