Tags
IPPR publish Hot air: The Carbon Floor Price in the UK
With our permission IPPR launches a report based on one of our own publications, The UK Carbon Price Floor: How to enhance its credibility with investors, which was originally published in March 2011.
"The UK government is introducing a floor price for carbon - to be known as carbon price support. It will be levied as an additional tax on the carbon content of fuels used for power generation in the UK, and calibrated to supplement the price of carbon set in the EU Emissions Trading Scheme. However, the particular design of the UK proposal could mean that intended benefits are not captured".

