Monday, 23 October 2023 00:02
Germany's IFO points to rising costs of power as burden on German industry and caused by emissions charges
Contrary to what is suggested in the political discussions, it is hardly the price of gas that increases the price of electricity, themain driver now in the European Union and particularly in Germany is the carbon-dioxide (CO2) price that gas-fired and coal-fired power plants have to pay for their emissions.
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