Friday, April 23, 2021

EU Carbon price reaches new record high

 No wonder EU emissions are falling so fast, with a carbon price of EU45/tonne (US$54, A$75).  Even without a carbon price, coal is more expensive than wind and solar.  With it, coal is clearly finished.  Meanwhile, the EU is going to start applying a carbon border tax to all imports from countries which currently don't have a carbon price.




No comments:

Post a Comment