Tag: EU ETS

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In a speech on 22nd March at the European Commission conference on sustainable finance in Brussels, French President Emmanuel Macron argued for a higher carbon price plus carbon tariffs at Europe’s borders. He said that the successful transition to a low-carbon economy requires financial market reforms to  drive investment into clean technologies. Though this was…

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The Carbon Price Floor was introduced in 2013 in order to ensure that the price on carbon in the UK remained in line with our decarbonisation targets – the carbon price the EU Emissions Trading Scheme was delivering wasn’t (and still isn’t) high enough. The original target was to achieve a price of £30 per…