carbon prices
The Treasury has begun a consultation on UK carbon border adjustment mechanism, targeting carbon intensive imports from 2027
A new report indicates potential for carbon credit prices to reach $238 per tonne by 2050 if trust is restored, but warns of possible extinction due to oversupply and buyer skepticism
The energy supplier has committed to limit its reliance on carbon offsetting to just 10% of its emissions
The UK’s declining and volatile carbon prices have raised concerns about their impact on clean energy investment, lost Treasury revenue and potential carbon taxes
The integration of solar parks and a minewater heat pump system has allowed the city to reduce its reliance on gas
The government’s own climate advisers have issued a stark warning that the policy rollback is likely to lead to a significant increase in energy bills for the public
The government’s recent changes to the Emissions Trading Scheme have been met with criticism from analysts
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2030
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred between 2021 and 2030
The Chancellor has been told to introduce a universal carbon allowance for every individual in the UK