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https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN05927
The Carbon Price Floor (CPF) is a UK Government policy implemented to support the EU Emissions Trading System (EU ETS). The CPF was introduced on 1 April 2013 to underpin the price of carbon at a level that drives low carbon investment, which the EU ETS has not achieved.Cited by: 2
https://www.auroraer.com/insight/carbon-price-support-supporting/
What is the Carbon Price Support supporting? The intention to close the GB coal fleet by 2025 calls into question the rationale for maintaining the Carbon Price Support (CPS): The CPS was designed to reduce emissions by encouraging coal-to-gas switching.
https://www.worldbank.org/en/programs/pricing-carbon
Instead of dictating who should reduce emissions where and how, a carbon price gives an economic signal and polluters decide for themselves whether to discontinue their polluting activity, reduce emissions, or continue polluting and pay for it.
https://researchbriefings.files.parliament.uk/documents/SN05927/SN05927.pdf
The Carbon Price Floor (CPF) is a UK Government policy implemented to support the EU Emissions Trading System (EU ETS). The CPF was introduced on 1 April 2013 to underpin the price of carbon at a level that drives low carbon investment, which the EU ETS has not achieved.
https://publications.parliament.uk/pa/cm201012/cmselect/cmenergy/742/74209.htm
A Carbon Price Support (CPS) (or "carbon floor price") will improve incentives for investment in low-carbon electricity generation by setting a minimum price for carbon emissions, which would increase the price paid for generation by fossil fuel fired power stations. Low-carbon generators, on the other hand, would have to pay relatively little.
http://www.lse.ac.uk/GranthamInstitute/faqs/what-is-a-carbon-price-and-why-do-we-need-one/
A carbon price is a cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gases they emit into the atmosphere. Economists widely agree that introducing a carbon price is the single most effective way for countries to reduce their emissions.
https://sandbag.org.uk/wp-content/uploads/2016/11/Why_the_Carbon_Price_Support_matters_Nov_2016.pdf
The Carbon Price Support and the Capacity Market are designed to work together to ensure falling emissions and security of supply. Emissions are kept to a minimum because the Carbon Price Support …
https://www.gov.uk/government/publications/excise-notice-ccl16-a-guide-to-carbon-price-floor/excise-notice-ccl16-a-guide-to-carbon-price-floor
Carbon price support rates of Climate Change Levy - designed to reflect the amount of carbon dioxide produced when CPS rate taxable commodities are burned to produce electricity: CPS rates of fuel ...
https://www.carbonbrief.org/unpopular-but-tenacious-a-guide-to-the-uk-carbon-price-floor
The UK’s carbon price floor is an unpopular policy. Green campaigners say it’s a Treasury money-spinner with little effect on emissions, while industry says …
https://en.wikipedia.org/wiki/Carbon_price
A carbon price — the method widely agreed to be the most efficient way for nations to reduce global warming emissions — is a cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gases they emit into the atmosphere: it usually takes the form either of a carbon tax or a requirement to purchase permits to emit, generally known as carbon emissions trading, but also called …
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