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UK budget 2014: CBI calls for frozen carbon price floor

Posted on 03 March 2014

Freezing carbon charges and levies on flying are among the potentially high carbon policies to be advocated by the CBI today, ahead of this month’s Budget. The business group’s new formal Budget Submission urges chancellor George Osborne to “prioritise measures to boost business investment and trade” when he addresses Parliament on 19 March.
In a letter to Osborne dated 18 February, the CBI says the urgent need to invest in new energy infrastructure must be balanced against the costs borne by businesses and households, specifically highlighting how UK firms are currently at a competitive disadvantage due to the Carbon Price Floor………………………………………..Full Article: Source


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