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De Boer wants carbon price of 150 euros

Friday 7 Dec 12 10:00am

Urgent action is needed to boost carbon prices to €150 a tonne -  2250 per cent higher than current levels - if the EU is to meet its decarbonisation goals by 2050, says a former United Nations climate chief.

Yvo de Boer said in an interviews with EurActiv: “We very quickly need to see a carbon price in the order of  €150 a tonne because that’s the kind of level that drives the price signals that we really need.

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