UK should consider wider carbon pricing while oil price is low, say advisors

Published 11:38 on May 6, 2020  /  Last updated at 22:36 on September 15, 2020  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

The UK should consider expanding carbon pricing as part of its post-pandemic recovery measures, the government’s climate advisors said on Wednesday, adding that current low oil prices provide an opportunity to raise carbon taxes.

The UK should consider expanding carbon pricing as part of its post-pandemic recovery measures, the government’s climate advisors said on Wednesday, adding that current low oil prices provide an opportunity to raise carbon taxes.

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