(Bloomberg) -- European Union carbon dioxide permits
were little changed near their lowest in a week, as power
utilities will probably burn natural gas instead of coal next
year to generate electricity.
Utilities require half the permits when burning gas instead
of coal, prompting them to switch to the cleaner fuel when
emission allowances trade high enough. The EU system is the
world's biggest greenhouse-gas trading program.
Read more at Bloomberg Energy News
were little changed near their lowest in a week, as power
utilities will probably burn natural gas instead of coal next
year to generate electricity.
Utilities require half the permits when burning gas instead
of coal, prompting them to switch to the cleaner fuel when
emission allowances trade high enough. The EU system is the
world's biggest greenhouse-gas trading program.
Read more at Bloomberg Energy News
No comments:
Post a Comment