IHS Chemical Week

EnviroTech :: Regulatory

UK chemical industry applauds government decision to freeze carbon price floor

4:42 PM MDT | March 19, 2014 | Ian Young

The UK chemical industry has welcomed the UK government's decision, announced today, to freeze the country's carbon price floor—a carbon tax—at 2015 levels for the rest of this decade. The United Kingdom, on 1 April 2013, became the first country to introduce a carbon price floor. The tax is designed to penalize polluters and encourage investment in low-carbon energy. However, the Chemical Industries Association (CIA; London) and bodies representing other energy-intensive sectors, say the tax has resulted in higher electricity prices and damaged the...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa