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Cost of Emitting Carbon Soars in Europe With U.K. Hitting Record.

Authors :
Gillespie, Todd
Mathis, William
Source :
Bloomberg.com; 1/28/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

The price has been bolstered by rising costs for gas, which make it more profitable for generators to burn dirtier coal to produce power. (Bloomberg) -- The price of polluting across Europe is rising as traders bet generators will keep burning coal instead of expensive natural gas. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
154925392