UK aims to keep domestic carbon price at current levels near £24/tonne until 2025

Published 15:41 on November 22, 2017  /  Last updated at 15:50 on November 22, 2017  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

The UK government aims to keep its domestic carbon price near current levels of around £24/tonne until 2025, it said in its autumn budget released Wednesday, a move that will allow the rest of the EU to catch up to Britain's high national price via the bloc’s carbon market but which could endanger the country’s long-term climate goals.

The UK government aims to keep its domestic carbon price near current levels of around £24/tonne until 2025, it said in its autumn budget released Wednesday, a move that will allow the rest of the EU to catch up to Britain’s high national price via the bloc’s carbon market but which could endanger the country’s long-term climate goals.

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