The independent commentary on British political affairs.
The independent commentary on British political affairs.
May 2008
Vol. 11, No. 11
A People's War: Brenda Boardman | The shadow over Brown's plan's to change the way we are governed: … More…
Available for subscribers to download now, in the Print Magazine section.
The introduction of the EU Emission Trading Scheme (ETS) in 2005 has brought about a new and profound uncertainty in the European wholesale electricity market. There is now a cost penalty on carbon-based generation, which is increasing the cost of power generation and promises to shift generation patterns. These additional carbon costs are being passed through in higher power prices, and power generators have seen a surge in their profits.
Under the EU ETS power stat…
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A People's WarArticles above share some of the the following topic(s) with this article: Energy, Europe, Carbon Emissions, Emissions Trading Scheme.