Patryk Jaki· ECR

Nuanced

When the ETS was introduced, allowance costs were EUR 15 per ton. Today they are EUR 67 per ton, i.e., over 250% more.

Omissions

• The claim omits that EU ETS prices collapsed to near zero around 2007-2013 due to oversupply of allowances, making the price trend highly volatile rather than consistently increasing
• The ESMA 2025 Carbon Markets Report indicates the 2024 average spot price was EUR 65/tCO2, down 22% from 2023, showing recent price decline from peaks around EUR 80-100 in 2022-2023
• The 250% increase figure, while mathematically correct (346%), cherry-picks the comparison between the absolute minimum initial price (2005) and the current elevated level without mentioning intermediate volatility
• The MEP could not have known the TradingEconomics source published after the session date, though it confirms the price level mentioned

Sources

• PrimaryESMA - EU Carbon Markets Report 2025In 2024, the spot price of EUAs averaged EUR 65 per tonne of CO2-equivalent emissions, down 22% from 2023
• PrimaryEuropean Commission - Development of EU ETS (2005-2020)EU ETS set up in 2005 as world's first international emissions trading system; emissions from power and industry installations are around 50% below 2005 levels
• SecondaryTradingEconomics - EU Carbon Permits PriceEU Carbon Permits decreased to 67.55 EUR in March 2026; rose to 71.85 EUR on April 8, 2026