Economics

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Fiddlers Ferry Power Station, Widnes by Alan Godfree
27th February 2019

Latest carbon pricing news

A House of Lords sub-committee (recording above) grilled Rt Hon Claire Perry MP (Devizes) Constituency, Robert Jenrick MP (Newark) and the Treasury on plans for carbon pricing, post-Brexit, on 27 Feb 2018. If we have it right, here’s the Government’s position: – they are committed to tackling climate change regardless of status in EU. – to…

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This week has been hugely exciting in the fight to combat climate change. A CCL UK contingent sat down with civil servants, journalists and energy companies on Wednesday (10 Oct 2018) to hear the hotly anticipated launch of Policy Exchange’s ‘The Future of Carbon Pricing’ report. In the same week, the UN’s Intergovernmental Panel on…

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The Nobel Prize for Economics has been won by carbon pricing advocates, William Nordhaus and Paul Romer. This week has been a seismic shift in the fight against climate change and for CCL across the world. In the same week as the UN Intergovernmental Panel on Climate Change said we had to move much more…

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Policy Exchange
3rd August 2018

National campaign

Big step forward in fixing climate change! An exciting report has just been released, recommending ‘an independent carbon tax with dividends’ – which is the Citizens’ Climate Lobby preferred solution to climate change and air pollution. As we understand it, Policy Exchange, widely viewed as Britain’s leading think tank and the author of the report,…

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In a speech on 22nd March at the European Commission conference on sustainable finance in Brussels, French President Emmanuel Macron argued for a higher carbon price plus carbon tariffs at Europe’s borders. He said that the successful transition to a low-carbon economy requires financial market reforms to  drive investment into clean technologies. Though this was…

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Priti Patel MP, former International Development Secretary, has criticised the big multilateral development banks for refusing to allow UK taxpayers’ money to be used to support energy projects that are not classed as renewable, pointing out that just over a billion people are still without access to electricity. renewables are important, but the reality is…

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I was looking at my electricity bill the other day and I noticed how little of it was paying for actual energy. In fact only 41% of what SSE charged me went to Buying the energy our customers use It is mostly admin, distribution, profit and tax or quasi-tax (5% VAT and 12% government ‘schemes’).…

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There’s a budget tomorrow, and as we reported recently, some energy companies have been putting pressure on the chancellor to increase the carbon price floor, the UK’s carbon tax, currently set at £18 per tonne, which has helped us reduce the proportion of our electricity we get from burning coal, the dirtiest fossil fuel of…