nuclear-news

UK’s Committee on Climate Change urged to consider a carbon tax

FT 13th May 2019 Nick Butler: There is a very simple measure the UK’s Committee on Climate
Change could have flagged. We need a carbon tax to change consumer
behaviour. Introduced at a level designed to alter behaviour (perhaps £50
a tonne), a carbon tax would encourage consumers of all kinds – from
manufacturers to domestic customers – to switch to lower-carbon energy
supplies and encourage the development of technology to make that possible.

Charged at this level a tax would be far more effective than the current
EU-based measures and would allow energy users to identify low-cost
alternatives, or where necessary develop them. In the process, it would
demonstrate whether the most expensive options, such as carbon capture and
the reconstruction of the way we heat buildings, are really necessary.

https://www.ft.com/content/2c5f19d6-7245-11e9-bf5c-6eeb837566c5

May 14, 2019 - Posted by Christina Macpherson | climate change, UK