Soaring EU carbon drives fuel-switching, gas price holds key to more

Published 20:03 on August 16, 2018  /  Last updated at 21:35 on August 17, 2018  /  EMEA, EU ETS  /  No Comments

A trebling of EU carbon prices over the past year has driven emission reductions as more power generators opt to switch from coal to cleaner gas, with only a recent hike in gas prices preventing even deeper cuts.

A trebling of EU carbon prices over the past year has driven emission reductions as more power generators opt to switch from coal to cleaner gas, with only a recent hike in gas prices preventing even deeper cuts.

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