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UK carbon flaw

Posted on 08 October 2013

A fortnight ago Labour leader Ed Miliband wooed voters with a promise to cap gas and electricity bills, defying his insistence as energy minister that there was “no low-cost energy future”. Now, other parties are reappraising the electoral wisdom of policies that aim to force energy costs higher.
According to a report in the Financial Times, one measure being questioned in coalition circles is the carbon price floor, a tax on the emissions of electricity generators that was introduced in April………………………………………..Full Article: Source


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