14.07.2016 - France to impose carbon tax only on coal plants: report
The core French Cal 17 baseload contract dropped more than Eur2 day on day Monday after a much-awaited report by a French government-commissioned task force pressed for the introduction of a new carbon tax as of January 1, 2017, only for coal-fired power stations, as opposed to both gas and coal units, due to security of supply concerns. Cal 17 baseload was last seen trading on Monday at Eur31.30/MWh, down Eur2.25 from the previous close on the publication of the carbon price report by former development minister Pascal Canfin, economist Alain Grandjean and Engie CEO Gerard Mestrallet...............................................Full Article: Source
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