ETS is likely to increase electricity prices - The Diigo Meta page

• 22 Jan 08
  

  Sergio Ferreira

  electricity emissions price

  • power plants, oil refineries, steel mills and cement factories - which account for almost half of the EU's CO2 emissions.
  • he biggest change to the reformed scheme is that EU member states will no longer come up with the so-called national allocation plans, meaning they will no longer grant permits to pollute to their companies.
     
     Instead, the "plans would be replaced by auctioning or free allocation through single EU-wide rules,"
  • "Electricity prices may increase by 10-15 percent by 2020," one EU official said on Monday, referring to a commission impact assessment study.

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