the Carbon Tracker Initiative carbon prices are set to average €35-40 ($ 41 -46) per tonne over the period 2019/23 , accelerating the transition from coal to gas, according to a report by independent financial think tank, EU . The research found that carbon prices are likely to hit € 41 by 2021 , around €7 more than the current price on EU . The report also says the rise calls into question the viability of keeping old coal and lignite power plants operational beyond 2021 .
EU carbon prices are set to average €35-40 ($41-46) per tonne over the period 2019/23, accelerating the transition from coal to gas, according to a report by independent financial think tank, the Carbon Tracker Initiative. The research found that carbon prices are likely to hit €25 by the end of 2018, around €7 more than the current price on the EU Emissions Trading System. The report also says the rise calls into question the viability of keeping old coal and lignite power plants operational beyond 2021.