Transparent carbon goals in Europe are supported by transparent carbon pricing (see chart below). Prices are rising to reflect the higher costs of removing each incremental tranche of CO2. The US now has a carbon goal, but without the pricing the goal becomes much harder to achieve as there is no common alignment around costs or incentives - read more in today's C-MACC Daily Report
Source: European Energy Exchange, Argus, Bloomberg, C-MACC Analysis, April 2021
