Poland Sees Power Prices Surging On EU Carbon Plan
Poland Sees Power Prices Surging On EU Carbon Plan NORWAY: April 10, 2008 OSLO - Polish electricity prices could surge 50-70 percent if the European Union goes ahead with plans to force power producers to buy their carbon emission permits from 2013, Environment Minister Maciej Nowicki said on Wednesday. Nowicki said Poland would be particularly hard hit by the rules, proposed in January and contested by Warsaw, because nearly all of its electricity comes from dirty coal and lignite and so its power producers will need a large number of permits.