Transition

EU carbon market collapses as Covid-19 causes ‘perfect storm‘: IHS

The fall in prices in the emission trading system diminishes incentives to switch to less polluting production

A wind turbine spins as steam rises from the cooling towers of the Jaenschwalde coal-fired power plant in Germany
A wind turbine spins as steam rises from the cooling towers of the Jaenschwalde coal-fired power plant in GermanyFoto: Sean Gallup/Getty Images
  • Bernd Radowitz
Published 7 April 2020, 08:28Updated 7 April 2020, 08:33
EuropePolicy