Prices for carbon emissions in the EU Emissions Trading Scheme (EU-ETS) hit record highs of €45 per ton on Tuesday – marking an increased cost for polluters across the bloc. The rise has been driven by the EU’s drive to toughen its climate targets, with an announcement this week that emissions should fall 55% between 1990 and 2030. There has also been a surge in buying activity prior to an anticipated decision from the European Commission in June, which is expected to reduce the quantity of available carbon allowances and increase the rate the allowance decreases. Rystad Energy has joined the surge of analysts bringing forward their expectations for peak oil, with a two year acceleration bringing the tipping point…