However
current allowance prices are too low to have any significant impact on behavior (less than $ 5 per ton).
Not exact matches
Current prices for
allowances representing 2017 emissions rose 38 cents to $ 13.99 per ton, according to Dan McGraw, a senior market strategist for ICIS U.S. Carbon Markets.
A state analysis last summer said that cap and trade would increase pump
prices 10 to 12 cents per gallon, based on the
current auction
allowance price of $ 12 per carbon ton.
«In markets for storable commodities (like
allowances, for example), the
current price and the plan for accumulation of a stock of the commodity depend on
¬ 6 and the IEA says those higher
prices «are unlikely to materialise» unless reforms deal with the huge
current surplus of
allowances.
Both policies would bolster
prices and reduce variations in
allowance values, but a
price floor could prove to be a more efficient fix for the European Union's
current ETS surplus problems because it will lead to more predictable and cost - effective outcomes — and greater public understanding, acceptance, participation, and support.
(2) For the purposes of the preceding paragraph, the
current price is the
price prevailing at the place where delivery of the goods should have been made or, if there is no
current price at that place, the
price at such other place as serves as a reasonable substitute, making due
allowance for differences in the cost of transporting the goods.