The benchmark European carbon contract hit a fresh record high of 73.18 euros a tonne on Wednesday after Germany’s incoming coalition government said it would prevent carbon prices in its country from falling below 60 euros/tonne. read more Germany, which is Europe’s biggest emitter of carbon dioxide, said it would implement the measure if the European Union cannot agree on a minimum price in its Emissions Trading System. The benchmark December 2021 contract was trading at 72.85 euros/MWh at 15.04 GMT, up 5.4% from Tuesday’s close. The EU’s Emissions Trading System (ETS), which forces manufacturers, power companies and airlines to pay for each tonne of carbon dioxide they emit, […]