EU emission trading "working as planned"

Europe's carbon emission trading market is working as foreseen and is not suffering from structural problems, according to Sweden's energy agency. The agency assessed the relationship between world oil prices, carbon emission trading and electricity prices to counter public "confusion", according to an official. The scheme has indeed raised electricity prices. But this was expected, and has benefited renewable and nuclear power producers, the report concludes. In any case the scheme is probably achieving emission cuts more cost-effectively than any alternative, commented agency director general Thomas Korsfeldt. See press release.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.