EU Carbon Price Hits a Record 41 Euros as Rally Speeds Up Mar 11 2021, 12:26 AM March 10 2021, 3:37 PM March 11 2021, 12:26 AM (Bloomberg) -- European Union carbon permits surged to a record as speculators bet on stricter policies to meet emission-reduction goals and demand from industrial buyers for the pollution rights. (Bloomberg) -- European Union carbon permits surged to a record as speculators bet on stricter policies to meet emission-reduction goals and demand from industrial buyers for the pollution rights. Carbon futures cleared 41 euros a metric ton for the first time in the EUâs 16-year-old cap-and-trade emissions market, the largest in the world. The contracts have climbed 26% this year, and are up five-fold since 2018.