"Europe is bracing for an unprecedented energy crisis this winter, and Russia’s war in Ukraine is as much to blame as European politicians say. What they don’t want you to know, however, is how their own climate-change policies are making everything worse. We’ll explain, since they won’t.
Like prices for fossil fuels, CO2-emissions permits in the European Union’s emissions-trading system (ETS) have skyrocketed in price. A certificate to emit one metric ton of CO2 now costs about €80 and last month nearly hit €100, up from €25 in late 2019. The rising emissions price translates into higher costs for electricity consumers, as well as a squeeze for industries already scrambling to absorb sky-high fuel prices.
https://www.wsj.com/articles/europes-latest-carbon-fiasco-em…
“It ain’t easy being green.” - Kermit the Frog