Fossil-fuel risks: CO₂ prices, oil & gas live
Commodity prices, gas storage levels and CO₂ pricing as an early indicator. Those who understand their fossil-fuel dependencies can reduce them systematically.
Current indicators
Brent crude
Source: Yahoo Finance
TTF gas
Source: Yahoo Finance
EU ETS CO2
Source: Yahoo Finance CO2.L
Gas storage DE
Source: AGSI / GIE
How have oil prices developed?
USD/barrel, annual average 2015 to today
Brent & TTF - monthly average
Brent in USD/barrel, TTF in EUR/MWh (monthly mean)
Gas storage - current fill level
Fill level in % · Source: AGSI / GIE (live)
How fast is the CO₂ budget shrinking?
Remaining emission allowances in Mt CO₂ · Source: European Commission (Fit for 55), PIK 2026
The MSR can further tighten effective supply. From 2034 the trajectory is not yet legally set - von der Leyen proposed an extension in March 2026.
Decarbonise now and you hedge against rising costs - and position yourself for the next round of funding.
- The EUA price fell from ~€90 to ~€60/t in early 2026 - political headwinds only dampen the price signal short-term.
- The ETS cap phases down to zero by around 2039: the CO₂ price (currently 75 €/t) is volatile today yet rising inexorably.
- The IMF puts implicit subsidies for fossil energy at USD 6.7tn (~6 % of world GDP) - a price advantage that melts with every step of carbon pricing.
Sources: IMF, "Underpriced and Overused" (2025); ECB Working Paper 3116 (2025); European Commission (Fit for 55).
Does any of this sound like your challenge?
A short note is enough - I'll reply personally within one business day with a suggested 20-minute intro call.