If enacted, France’s plan for a domestic carbon price floor will lower CO2 emissions and increase power prices in France, but it will only have a marginal impact on total EU CO2 emissions and European carbon prices, write Hæge Fjellheim, Yan Qin and Emil Dimantchev, senior analysts at Thomson Reuters. They surmise that for the French government the plan is a way to lead by example. It will also bring in extra government revenues and improve the … [Read more...]
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