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December 26, 2021
This week in tax: Germany’s coalition backs higher EU carbon price | International Tax Review

“The EU’s benchmark carbon price under the Emissions Trading System (ETS) reached a record high of €73 per tonne of carbon after Germany’s announcement, as the market reacted. However, analysts say the proposal is unlikely to have any long-term effect on ETS prices, because prices are already averaging significantly above the proposed minimum of €60 per tonne.”