(Reuters) - British wind and solar farms exporting power to continental Europe could face CO2 fees from 2026 - even though they don't produce any emissions - unless the UK and European Union can agree changes around the EU's carbon border tax.
The charges, set out in a little-noticed clause of the CO2 levy law, could hit revenues of renewable energy projects in the UK, add to already-high EU power prices and even lead to higher emissions, industry sources and analysts told Reuters.
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