āHow EU can limit coalās life for the cost of a pint of beerā
Bloomberg
Retiring most of Europeās dirtiest power plants is cheaper than most people think, report Mathew Carr, Tino Andresen, and Brian Parkin for Bloomberg. A price floor of 30 euros per tonne of CO2 - six times the current price - would cost each European citizen about five euros per year through 2025, according to the Institute of Ā鶹ĪŽĀė°ę Economics (EWI) in Cologne. āThe climate challenge is no longer a cost challenge, itās a redistribution challenge. That makes it less daunting,ā EWI managing director Harald Hecking told the authors.
Read the article in English .
Find an EWI analysis on the topic published on 9 January .
For background, read the Ā鶹ĪŽĀė°ę factsheet When will Germany finally ditch coal?
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