Finance
One Market Is Making a Big Bet That Lockdowns Will Soon Loosen
- Carbon allowances have risen almost 20% in past five sessions
- Power prices have risen in past week on higher carbon
Photographer: James Jordan/Getty Images
This article is for subscribers only.
Sign up to receive the Green Daily daily newsletter and follow us @climate.
The cost of pollution is headed for its biggest weekly gain in more than two years in Europe on optimism that the economy is preparing to snap back from coronavirus-imposed lockdowns.