The rest of this article is locked. Please login to continue reading.
If you don t have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.
To take out a free
two week trial, use the same link but select the trial option in the dropdown box.
For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk
More on this story
29 April 2021
A new study published this week by the Potsdam Institute for Climate Impact Research has concluded that tightening the European Union’s emissions trading system (EU ETS) in line with the EU Green Deal could result in a complete phase out of coal use as early as 2030.
The European Union officially adopted new climate targets last week, pledging to cut carbon emissions by at least 55% by 2030 compared to 1990 levels.
Greenpeace called the resulting 50% cut in real emissions a “hollow” victory, with Greenpeace EU climate campaigner Silvia Pastorelli describing Europe’s climate action as “all smoke and mirrors.”
Despite the naysayers, researchers from the Potsdam Institute for Climate Impact Research set out to quantify the expected shifts in Europe’s electricity system stemming from the new EU climate target.
28.04.2021 The new EU climate target will increase carbon prices and could phase out coal power in Europe as early as 2030
Tightening the EU emissions trading system (EU ETS) in line with the EU Green Deal would dramatically speed up the decarbonization of Europe’s power sector – and likely cause a demise of the coal industry.
In a new study a team of researchers from Potsdam, Germany has quantified the substantial shifts Europe’s electricity system is about to undergo when the newly decided EU climate target gets implemented. Higher carbon prices, the authors show, are not only an inevitable step to cut emissions – they will also lead much faster to an inexpensive electricity system powered by renewable energies.
The new EU climate target could phase out coal power in Europe as early as 2030 eurekalert.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurekalert.org Daily Mail and Mail on Sunday newspapers.