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Carbon Markets 16 Times Cheaper Than Renewable Aid
2013-10-09 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Carbon markets are about 94 percent cheaper at cutting greenhouse gases than renewable subsidies paid to power producers, according to the Organization for Economic Cooperation and Development. The cost of reducing one metric ton of carbon dioxide in the power industry using emissions trading systems is 10 euros ($13.56) on average, compared with 169 euros for feed-in tariffs, the OECD said today in a report. Some tariffs cost more than 700 euros a ton, the OECD in Paris said in the study based...
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Category:Electronics and Electrical
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