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**Mega** · May 13, 2013, 03:55 PM

Re: Ta ta to Tata!

"The government has just enacted a minimum price for carbon in the UK. It's �16 per tonne. In Europe, where there is no minimum price, it's �3.5.
Remember this if you lose your job due to high energy costs in 2015."

Yes, spot on............& let us not forget he building Landrover/Jag plants in China, India & SAUDI !!!!!!!!!!!!!
I wonder what will become of the Liverpool Landrover plant?
Mike

**bungee** · May 14, 2013, 03:33 AM

Re: Ta ta to Tata!

http://www.businessgreen.com/bg/news...bp16-per-tonne

The government has imposed a minimum price for companies emitting carbon, despite concerns that the measure will drive up energy bills while having a negligible impact on global greenhouse gas emissions.

The new carbon floor price, which came into effect today (1st April 2013 - yes it's stupid enough to be an Aprils fool), will see firms charged �16 per tonne of CO2 for fuels used for power generation this year.

The move is designed to provide a long-term price signal for low-carbon investors and will increase gradually every year to reach the Treasury's goal of �30 per tonne by the end of the decade, and �70 per tonne in 2030.

Research by IPPR has found that the floor price will push up the wholesale cost of electricity by 17 per cent in 2015/16 compared to today's price, undermining the competitiveness of British industry.

Meanwhile, the carbon floor price is expected to raise �4.42bn for the government over the next three years but could push 30,000 to 60,000 households into fuel poverty during this year alone.

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Ta ta to Tata!

Ta ta to Tata!

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