Extract C states: ‘the average wholesale price of carbon emission allowances (EUA) under the EU Emissions Trading System (ETS) rose significantly, from €24.60 per tonne of CO2 CO_2\,CO2 equivalent in January 2020 to €88.35 per tonne in February 2023’.
Calculate the carbon emission allowance price index for February 2023, if January 2020 is taken to be the starting point (base period with an index value of 100). Give your answer to the nearest whole number.
