Soaring fossil gas costs responsible for EU electricity price increase
Fossil gas is to blame for soaring electricity prices around Europe, not EU climate policy.
Gas power plants overtook lignite in 2020 to become Europe’s #1 power sector emitter
Just released EU data shows that CO2 emissions from gas power plants overtook those from lignite power plants for the first time.
New UK carbon market risks a carbon price half that of the EU
The UK government can offer businesses more certainty by increasing the UK ETS carbon price floor – ahead of alignment with net zero.
It’s time for a UK carbon tax
With one month until Brexit, a linked UK- EU carbon market is now impossible. The government should commit to a carbon tax.
The UK wants a net zero ETS – but plans don’t yet add up
The UK government’s post-Brexit ambition for a net zero carbon market could be world-leading – but current plans repeat many of the mistakes of the EUETS
Carbon Limbo
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year