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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://researchbriefings.files.parliament.uk/documents/SN05927/SN05927.pdf
Carbon Price Floor (CPF) and the price support mechanism By David Hirst Contents: 1. The price of carbon ... 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 ... (ii) the Carbon Support Price (CPS), which tops up the EU ETS ...
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 floor - a policy designed to provide an incentive to invest in low carbon power generation by providing certainty to the carbon price in the UK electricity generation sector CPS rate ...
https://sandbag.org.uk/wp-content/uploads/2016/11/Why_the_Carbon_Price_Support_matters_Nov_2016.pdf
Why does the Carbon Price Support matter? 1 Why does the UK Carbon Price Support matter? November 2016 The UK Carbon Price Support is making remarkable progress in decarbonising the UK’s electricity. By charging fossil fuel plants £18 per tonne of CO2 to cover some of the external costs of the carbon dioxide they
http://www.lse.ac.uk/GranthamInstitute/faqs/what-is-a-carbon-price-and-why-do-we-need-one/
What is a carbon price and why do we need one? 17 May, 2018. 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://www.gov.uk/government/publications/eu-emissions-trading-system-and-carbon-price-support-apply-for-compensation
The European Union Emissions Trading System (EU ETS) and Carbon Price Support (CPS) mechanism are designed to reduce emissions.The government recognises that the costs of these schemes have a ...
https://pwc.blogs.com/sustainability/2013/04/uk-carbon-pricing-a-taxing-issue.html
The support level is determined two years in advance, and is the difference between the government-set ‘carbon price floor’ and the price of EU Allowances (carbon permits) in the EU Emissions Trading Scheme futures market. Carbon price support, payable from 1 April 2013, will be collected through the UK’s climate change levy regulation.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/42639/consult_carbon_price_support_condoc.pdf
built on the commitment to introduce a floor price for carbon. The Chancellor announced that HM Treasury and HMRC would publish proposals in the autumn to reform CCL to provide more support and certainty to the carbon price and encourage investment in low-carbon electricity generation. 2.3 The UK requires up to £200 billion. 3F. 3
https://knowledge.energyinst.org/__data/assets/pdf_file/0007/317905/Carbon-price-support-February-2011.pdf
3.A3: How much certainty would investors attribute to a carbon price support mechanism if it were delivered through the tax system? 3.A3.1. EI members see there being a potential issue in the pricing differences of a UK carbon price with the EU ETS. The EU ETS is priced in Euros, whereas the carbon price floor will be priced in pounds Sterling.
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 it’s disadvantaging UK companies in the global market. So why is the measure so universally disliked, and what would happen if the government cuts it?
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