Energy Transition, Natural Gas, Emissions

October 14, 2025

How will the EU's new carbon market affect energy costs and inflation?

author's image

Featuring Eklavya Gupte


In this episode of Energy Evolution, host Eklavya Gupte examines the rising concerns among EU member states about the upcoming Emissions Trading System 2 (ETS2), set to launch in 2027.

Worries are growing that ETS2 -- encompassing road transport, buildings, and small businesses -- could lead to substantial increases in energy prices, highlighting the complex interplay between ambitious climate objectives and economic realities.

Eklavya also interviews Jason Ying, Commodity Desk Strategist at BNP Paribas, who provides insights into how this new carbon market may influence inflation rates and residential gas prices across the EU.

Links:

EU Emission Allowance Nearest-December EADMP00

Dutch TTF Eur/MWh Month Ahead GTFTM01

Also on:Spotify | Apple Podcasts

Crude Oil

Products & Solutions

Crude Oil

Gain a complete view of the crude oil market with leading benchmarks, analytics, and insights to empower your strategies.