Budget special: Carbon floor price set at £16 a tonne
CCAs are extended while planned CCS levy discarded in the 2011 budget
The carbon floor price (CFP) will be £16 a tonne of CO2 from 1 April 2013, rising to £30 by 2020. It will apply to energy generators, and the government hopes it will help drive investment in the low-carbon power sector.
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