24.03.2009 - PwC latest to call for carbon floor price
From Businessgreen.com: The push to impose a floor price on carbon credits gained fresh momentum today with the release of a new report from PricewaterhouseCoopers which argues that a so-called "hybrid" carbon tax-and-trade scheme would provide firms with the certainty they require to invest in low-carbon technologies. The report assesses the merits of various carbon pricing mechanisms and concludes that there is a strong case for a hybrid model that combines the flexibility of cap-and-trade schemes with the certainty of a carbon tax by imposing a floor and ceiling price on carbon allowances.....Full Article: Source
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