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EU Mulls Carbon Tax for Aspiring Members: Green Energy Website

April 2, 2020, 7:30 AM

EU wants power producers in countries seeking to join the bloc to start paying for carbon emissions and stem market distortions, Balkan Green Energy News reports, citing Janez Kopac, head of the Energy Community, a group of nine potential members.

  • So far, only Montenegro has introduced the carbon tax; most aspirants rely on polluting thermal plants and subsidize them more than supporting investments in renewables
  • “EU is considering a border adjustment mechanism to remove a comparative advantage that Energy Community power producers have in the European power market:” Kopac
  • Drop in carbon prices amid coronavirus pandemic is an opportunity ...

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