Can one of my European readers help with a currency conversion? How does Euros per MWh translate into dollars per ton of carbon? The context:
RWE will proceed with the construction of two, 1,530 MW coal-fired plants in Germany, believing that the units will make money even if carbon dioxide costs of up to Eur30.00/MWh are included, company CEO Harry Roels said in a conference call late Wednesday.
I have no idea if this is good news or not.