18 May 2024
EU carbon permits move not enough to reverse coal’s price advantage over gas - Fitch
Publication date: 05 July 2013
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The European Parliament's initiative to temporarily withdraw some carbon emission permits could push prices higher if it gains traction, but on its own it will probably not move permit prices enough to reverse the competitive advantage coal-fired power plants hold over natural gas-fired facilities, ratings agency Fitch said on Friday.