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EnergyReportedHighDevelopingFeatured
7.7

Iran conflict drives European coal resurgence, CO2 prices to spike

Bank of America warns that an Iran war would push European utilities back to coal, lifting EU carbon permit prices to €100/tonne this winter. The shift reflects energy security concerns overriding climate goals, with knock-on effects on gas demand and power prices.

Capital.grabout 11 hours agoIR, EU, USCredibility 31%View source

Score Breakdown

Mosaic Score7.7
Model confidence0.5
Significance0.8
Source credibility0.3

Intelligence Tags

Entities

United StatescountryIrancountryEuropean Unionorganization
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