WhatFinger

The coalition has adopted the toughest carbon reduction targets in the developed world,

Call to Abolish Carbon Floor Price


Ministers should abandon a central pillar of their energy policy and abolish a carbon floor price that amounts to a “tax” on British industry, according to the head of the manufacturers’ association. Terry Scuoler, chief executive of the EEF, said: “We are calling for its abolition.” The measure was, he added, “not in line with the government’s stated policy of rebalancing the economy, regenerating the British manufacturing sector, encouraging exports”. --David Blair, Financial Times, 12 September 2011
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