EU carbon vote hurts UK companies: UK carbon tax to hit £30 by 2020 as competitors pay only £3

“Tuesday’s vote means prices in the EU emissions trading system, the world’s largest carbon market, are likely to stay at about €3 a tonne for at least the next seven years, analysts say.”

Read more at the Financial Times.

2 thoughts on “EU carbon vote hurts UK companies: UK carbon tax to hit £30 by 2020 as competitors pay only £3”

  1. Carbon taxes and carbon trading are terrible drags on economies and so they are drags on standards of living. The rich may pay more in carbon taxes but the middle-class and the poor are the ones who suffer from them. UK has pushed a lot of their subjects into fuel poverty with these schemes and I’m sure it’s worse on the Continent itself.

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