Britain should abolish its carbon floor price to help the hard-hit steel industry, the lawmaker shepherding a reform of the EU Emissions Trading System (ETS) through parliament said on Tuesday. With the British government looking for ways to save jobs threatened by the sale of Indian firm Tata Steel’s British plants, Scottish Conservative Ian Duncan said repealing the carbon floor was one of the few tools available to it. “The carbon floor price must go,” Duncan said, adding he would write to British Business Secretary Sajid Javid calling for an end to the policy in place since 2013. --Alissa de Carbonnel, Reuters, 5 April 2016
