💸 Carbon prices, carbon taxes and carbon floors - all have been proposed as ways to decarbonise
The G20 now backs carbon pricing and the EU is threatening tariffs on imports from the worst polluters
Yesterday’s #UKAs finished the day up 75p at £43.40 despite the introduction of an additional 6 million tonnes of supply.
Further gains appear the most likely in the short-term.
▶Get ahead with the #DailyRED: https://zcu.io/W7gx #OCTT
⚡️ China energy regulator advances further with tiered electricity pricing, positive signs of deepening power sector reform.
👉Larger Peak-Valley tariff spreads
👉New Critical Peak pricing, >20% higher than peak tariff
👉Deep Valley tariff for high RE