http://link.ft.com/r/CTBPCC/
Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Monday, June 6, 2011
How much will carbon emissions cost in 2013?
How much will carbon emissions cost in 2013? Last month, Nick Clegg cited the government’s Carbon Price Support Mechanism as “exactly an example” of a policy being introduced in an “absolutely predictable” way. This measure, announced in the last budget, will force all polluters to pay more for the carbon dioxide they produce. Clegg told a business audience in London that all emitters would start by paying £16 per tonne in 2013 and the amount would then rise annually until 2020. In fact, the situation is not quite as simple or as predictable as he suggests. The Treasury has come up with a complex formula for deciding the level for …
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http://link.ft.com/r/CTBPCC/
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