Capacity Markets: Keeping fossil fuel fires burning

26 August 2020

Juliet Ferguson

Environment/Dirty subsidies

Capacity Markets: Keeping fossil fuel fires burning

Juliet Ferguson

26 August 2020

About Dirty subsidies

2020 was supposed to be the year the EU would launch its ambitious plan to tackle the climate crisis. But why does Europe sabotage its climate goals by subsidising the fossil sector by more than €137 billion per year?

Capacity markets are supposed to ensure the lights stay on, but they also are an enabler for the fossil fuel industry

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