Germany’s paper mills report losing their abilities to stay in business if electricity, natural gas prices continue to soar amid CO2 certificates approaching €100; prices may remain high for undetermined though potentially significant amount of time

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LOS ANGELES , January 12, 2022 () –

German paper mills report that the costs of energy and CO2 certificates are rising so fast that the price increases threaten their abilities to stay in business, Euwid reported on Jan. 11.

Currently, CO2 certificates are approaching €100 each. Additionally, natural gas and electricity costs have hit historical highs. According to Euwid, industry experts anticipate these market trends will persist at historically high levels for an indefinite though significant amount of time.

The primary source for this article is Euwid, Gernsbach, Germany, published Jan. 11, 2022. To read the original article, click here. (Subscription access may apply.)

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