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The latest proposal to reduce emissions quotas on the carbon credits market, which is under discussion in the European Parliament, will increase electricity prices.
The change will affect 12,000 European energy companies and industrial businesses, as well as hundreds of millions of consumers, warns the business newspaper.
One further consequence could also be that plans to build new reactors at the Temelin nuclear power station may become economically viable.
Live | The broken promises of green finance – Our investigation
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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