TITLE

Euro targets 'could threaten carbon trading'

PUB. DATE
September 2007
SOURCE
Utility Week;9/7/2007, Vol. 27 Issue 20, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the impact of a European Union (EU) decision to raise the target for renewable energy sources on the Emissions Trading Scheme (ETS) based on a paper released for the British Department for Business, Enterprise and Regulatory Reform. The document stated that the plan to raise the target from 20% of electricity to 20% of primary energy used could result to a price collapse in the ETS. The document estimated that increasing the target could cost up to £22.5 billion a year.
ACCESSION #
26795147

 

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