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.
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
ETS & Brexit: The Budget answers some questions but poses others
There are many questions to be answered to pass the ‘Bridge of Death’ and avoid the ‘Gorge of Eternal Climate Peril’ in the event of a no-deal Brexit
New Wind & Solar now competes even with existing Coal & Gas
Today, the European carbon price hit 20 Euros. Our analysis shows rising carbon, coal and gas prices mean that for the first time new onshore wind and solar can compete with the short-term costs of generating electricity from existing coal and gas plants.