CO2 emissions from industry and combustion will fall by 43% by 2030 compared with 2005 levels on Morningstar estimates, in line with the European Union's target. The coal-to-gas switch will favor utilities with large fleets of gas plants across Europe, while the CO2-driven increase in power prices will be positive for utilities with low carbon intensity.
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(This information has been prepared for professional investors only and is for informational purposes only and not intending to provide investment advice)