EU carbon price today

The most recent EU ETS auction, on 11 November 2026, cleared at €88.60 per tonne of CO2 equivalent, about £74.02. Auctions are held on most working days on the EEX exchange.

An EU Allowance (EUA) is a permit to emit one tonne of CO2 equivalent under the EU Emissions Trading System. Most are sold at auctions run by EEX, and they are also traded on futures exchanges.

EU ETS auction results are official primary market prices that the auction platform must publish. An auction is cancelled if it would clear significantly below the secondary market price, so results stay close to market levels. The European Commission uses the same auction prices to set the CBAM certificate price.

The highest single EU auction clearing price since 2012 was €97.51, in 2022.

UK exporters of CBAM goods to the EU will see their EU customers pay CBAM certificates priced off EU auctions. If the UK and EU schemes link, UK carbon prices would also be expected to move towards the EU level.