Carbon Price Floor

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edie has provided a round-up of the areas where Chancellor Philip Hammond could deliver for the green economy. Image Flickr EU2017EE

Autumn Budget preview: Five green policy hopes ahead of Philip Hammond's statement

A new levy on plastic packaging? Higher taxes for diesel vehicles? Multi-million-pound spending on EV charging infrastructure? edie previews the green-related announcements likely to be included in the Autumn Budget on Wednesday (22 November).

Both SSE and Drax need a healthy carbon price to ensure the economic case stacks up for their hopes of building new gas power stations

UK energy firms call on chancellor to boost carbon tax

Two of Britain's biggest energy companies have called on Philip Hammond to strengthen a carbon tax that has driven a dramatic collapse in coal power generation, arguing it is essential for the shift to cleaner energy.

Did Chancellor Philip Hammond's 2017 Budget announcement fulfil the hopes and expectations of environment and sustainability professionals?

Budget 2017: The green business reaction

Did Philip Hammond pull any big green surprises out of his little red box today? Or were key sustainability issues once again placed on the back-burner in the Chancellor's Spending Review? Here's the full industry reaction, as it comes in...

Chancellor Philip Hammond delivered his first Spring Budget speech this afternoon, but it contained little for sustainability professionals to get excited about

Budget 2017: Chancellor confirms electric vehicle funding, announces new recycling targets

BREAKING: Key proposals on the future of carbon pricing, renewable energy subsidies and air quality remain on the UK Government's 'to-do' list as Chancellor Philip Hammond offered relatively little for the green economy to get excited about in his 2017 Budget this afternoon.

Dr William Kyte OBE proposed the creation of a UK-based ETS scheme which mirrors the EU model

Does Brexit offer a ‘golden opportunity’ to pursue EU ETS alternatives?

With MPs set to vote on the final amendments of the bill to withdraw the country from the European Union (EU), the debate surrounding the UK's future involvement in the EU Emissions Trading System (ETS) has intensified this week with a lively debate in Parliament.

Chancellor Philip Hammond delivered his first Autumn Statement speech to a lively House of Commons this afternoon, but it contained little to get excited about

Autumn Statement 2016: Chancellor confirms carbon price floor freeze and low-carbon transport funding

Philip Hammond has confirmed that the UK's carbon price floor will be capped through to 2020, and announced £390m of new funding for low-carbon transport, as the Chancellor delivered his first - and last - Autumn Statement on behalf of the UK Government.

Chile and South Africa are mooted to add carbon prices, but it is the potential inclusion on China that would see carbon pricing account for at least 20% of global emissions next year

Quarter of global emissions could be covered by a carbon price in 2017, says World Bank

If policymakers can embed a carbon price within "complimentary" green legislation, then climate change mitigation costs could fall by almost a third by 2030, a new report from the World Bank has found.


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