Division Information on estimated long-term carbon price developments

For their macroeconomic calculations, Member States are required to use as a minimum lower bound the projected ETS carbon prices in the Commission reference scenario up to 2050, assuming implementation of existing legislation, but not decarbonisation (first line of table below). The projections currently assume a price per tonne of EUR 20 until 2025, EUR 35 until 2030 and EUR 50 beyond 2030, measured in real and constant prices EUR 2008, to be adapted to the calculation dates and methodology chosen (see table below). Updated scenarios on the carbon prices as provided by the Commission shall be taken into account every time a review of the cost-optimal calculations is carried out.