Carbon price floor finishes when coalgen does.
Resounding lack of detail on future carbon pricing in Treasury #Budget2017 document.
"Confident total carbon price…at right level…Will continue to target a similar total carbon price until unabated coal is no longer used"
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/661480/autumn_budget_2017_web.pdf …pic.twitter.com/5sQ4J6hwMm
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So carbon adder of £18/tonne rises to c£23 when/if we leave ETS then £0 in 2025 when coalgen ends.
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I still don't see detail on carbon price. It says will target steady TOTAL price, not steady CPS, no? So CPS could vary?
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