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"Looking ahead, the best way to ensure that coal-fired electricity plants keep closing is a rising price of carbon. On that front, there is good news: Promised reforms to the European Union's cap-and-trade system would shrink its chronic oversupply of emissions permits. By 2020, according to an analysis by Bloomberg New Energy Finance, this should triple the price of carbon to 24 euros a ton -- high enough to push all European countries away from coal.

If Merkel acts on the proposal to close those lignite-powered plants, she'll give this overdue shift some fresh momentum."

This? I think most of these are plans and speculation.



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