Give us a carbon price contract, not a promise

Edwards, Rupert
March 2011
Utility Week;3/18/2011, Vol. 34 Issue 10, p13
Trade Publication
The author comments on the overall climate policy of the British coalition government. He points out that the price of carbon in the European Union Emissions Trading System (EU ETS) is not enough to drive new low-carbon investment at the scale and pace needed. Particular focus is given to the government's proposed carbon price support. He notes that the benefits of the policy will be futile without credibility. He highlights a report from Climate Change Capital which explains how the government could enhance the credibility of the proposed scheme.


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