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3rd Jun 2023

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Gas crunch prompts EU turn to CO2-heavy coal

National utilities firms in Europe are switching from gas to more heavily polluting coal-fired energy plants because gas prices have gone up 400 percent since the start of the year, while coal ones have risen 200 percent, Reuters reports. "Soaring [gas] prices have now unlocked the gas-to-coal switching lever," Bank of America said. "Emissions are going in the wrong direction," Dave Jones, from climate think-tank Ember, added.

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