| Sourced From |
The U.K. government will announce in the next two weeks plans to set a minimum price for carbon aimed at increasing certainty for investors in low-carbon energy generation, the Financial Times reported.
At the same time, mechanisms to promote nuclear power generation and renewables such as wind power will be proposed, the newspaper said.
The changes will be the biggest since the electricity industry was sold to investors 20 years ago, the FT added.
To contact the reporter on this story: Alan Purkiss in London on [email protected]
To contact the editor responsible for this story: Colin Keatinge in London at [email protected]
Related posts:
- CSIRO Says Carbon Price Caps Threaten Power Supply, Herald Says
- German Power Drops to Six-Month Low; EU Carbon Permits Decline After Sale
- Australia May Pay A$14 Billion Without Carbon Price, Review Says
- Tainted Credits Cut UN Carbon Price: Energy Markets (Update2)
- Industry backs plans for carbon price floor to boost nuclear