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https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN05927
The Carbon Price Floor (CPF) is a UK Government policy implemented to support the EU Emissions Trading System (EU ETS). The CPF was introduced on 1 April 2013 to underpin the price of carbon at a level that drives low carbon investment, which the EU ETS has not achieved.Cited by: 2
https://sandbag.org.uk/wp-content/uploads/2016/11/Why_the_Carbon_Price_Support_matters_Nov_2016.pdf
Why does the UK Carbon Price Support matter? November 2016 The UK Carbon Price Support is making remarkable progress in decarbonising the UK’s electricity. By charging fossil fuel plants £18 per tonne of CO2 to cover some of the external costs of the carbon dioxide they emit, the Carbon Price Support is driving coal off the UK energy system.
https://researchbriefings.files.parliament.uk/documents/SN05927/SN05927.pdf
The CPF taxes fossil fuels used to generate electricity via Carbon Price Support rates set under the Climate Change Levy. The price floor consists of two components which are paid for by energy generators in two different ways: (i) The EU ETS allowance price; and (ii) the Carbon Support Price (CPS), which tops up the EU ETS allowance prices, as
https://www.worldbank.org/en/programs/pricing-carbon
The phrase put a price on carbon has now become well known with momentum growing among countries and business to put a price on carbon pollution as a means of bringing down emissions and drive investment into cleaner options. So what does it mean to put a price on carbon, and why do many government and business leaders support it?
https://www.carbonbrief.org/unpopular-but-tenacious-a-guide-to-the-uk-carbon-price-floor
The chancellor announced the government’s intention to increase certainty for investors in low-carbon generation by putting a minimum price on the greenhouse gases emitted by the power sector. That may sound like good news for supporters of low-carbon energy. But the CPF has attracted criticism from a wide diversity of commentators.
https://en.wikipedia.org/wiki/Carbon_pricing
Carbon price commitments. As discussed above, William Nordhaus, Joseph Stiglitz, Martin Weitzman, Stéphane Dion and others have proposed a global carbon price commitment as a way of achieving an efficient uniform carbon price and overcoming the negotiating problem inherent in national quantity targets. The World Bank is also organizing support ...
https://www.gov.uk/government/publications/excise-notice-ccl16-a-guide-to-carbon-price-floor/excise-notice-ccl16-a-guide-to-carbon-price-floor
Carbon price support rates of fuel duty - designed to reflect the amount of carbon dioxide produced when oils or bioblends are burned to produce electricity Electricity utility The holder of:
https://www.theguardian.com/environment/2016/nov/18/uk-should-retain-carbon-price-floor-to-support-coal-phase-out-report
Nov 18, 2016 · “The original rationale in 2010 was it would support investment in wind and solar and so on and it hasn’t done that, investment has happened despite the carbon price floor not because of it ...
https://www.theguardian.com/environment/2012/jul/16/carbon-price-tax-cap
Jul 16, 2012 · A carbon price is a cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gas they emit into the atmosphere. Economists …
https://www.carbonpricingleadership.org/what/
A key aspect of carbon pricing is the “polluter pays” principle. By putting a price on carbon, society can hold emitters responsible for the serious costs of adding GHG emissions to the atmosphere; these costs include polluted air, warming temperatures, and various attendants ills (threats to public health and to food and water supplies, increased risk of certain dangerous weather events).
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