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Producătorii europeni de gaze se confruntă cu costuri mai mari de carbon [Gazul în tranziție] PDF Imprimare
Joi, 29 Iulie 2021 10:35
                             

              While higher prices for EU and UK carbon allowances have given gas a competitive edge over coal in power production, offshore gas producers look set to be negatively affected as the era of free allowances is coming to an end. [Gas in Transition, Volume 1, Issue 4]

by: Andreas Walstad

Until 2021, when the fourth phase of the EU’s emissions trading system (ETS) came into force, both oil and gas producers received a high number of EU carbon allowances for free. However, free allocation is now being phased out for gas, albeit not for the oil sector. The reason is that natural gas extraction is not included in the carbon leakage list for the 2021-2030 period which covers the fourth phase of the ETS. Carbon leakage refers to the risk of energy intensive sectors relocating to other jurisdictions if the cost of polluting in the EU is too high. EU regulators consider the oil industry more prone to carbon leakage compared with gas. For example, an energy intensive oil refinery is considered more likely to be relocated overseas than a gas processing pl...

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