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Fitch: EU emission cost focus positive; won’t lift utility risks

Posted on 28 January 2014

The European Commission’s focus on minimising the cost of reform in its latest climate and energy goals is positive for utilities, as rising consumer bills are creating significant political risk for the sector, Fitch Ratings says.
But this cost focus, indicated by a report on costs alongside new 2030 emission targets, does not alter our negative outlook for the sector, especially as the new targets will continue to drive down traditional electricity generation………………………………………..Full Article: Source


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