EU carbon prices are set to average € 35 - 40 ( $ 41 - 46 ) per ton over the period 2019/23 , accelerating the transition from coal to gas , according to a report by independent financial think tank , the Carbon Markets Initiative . The research found that carbon prices are likely to reach € 25 by the end of 2018 , around € 7 more than the current price on the EU Emissions Trading System . The World Bank Group, as well as business groups and investors, have called for wider support to carbon pricing in order to bring down emissions and drive investments in cleaner technologies. The report also says the rise calls into question the viability of keeping old coal and lignite power plants operational beyond 2021 .
EU carbon prices are set to average € 35 - 40 ( $ 41 - 46 ) per ton over the period 2019/23 , accelerating the transition from coal to gas , according to a report by independent financial think tank , the Carbon Markets Initiative . The research found that carbon prices are likely to reach € 25 by the end of 2018 , around € 7 more than the current price on the EU Emissions Trading System . The report also says the rise calls into question the viability of keeping old coal and lignite power plants operational beyond 2021 .