The European Union auctioned 2.247 million spot carbon allowances at a clearing price of 79.61 euros per tonne. This is a routine auction under the EU Emissions Trading System, which is the bloc's main tool for pricing carbon and driving decarbonization in power and industry. At this price, the auction raised roughly 179 million euros. The volume and price are in line with recent auctions, reflecting ongoing market dynamics around supply and demand for permits. For carbon market watchers, this is a standard data point that helps track the cost of compliance for emitters and the revenue flowing to member states.
