IHS Chemical Week

People & Business :: Energy and Feedstocks

European Commission approves UK plan to compensate energy-intensive users for carbon tax

1:00 PM MDT | May 21, 2014 | Michael Ravenscroft

The European Commission says that UK plans to compensate certain energy-intensive users from higher electricity costs triggered by a mandatory carbon price floor—a tax on carbon-intensive fuels—do not breach of EU state aid rules. The United Kingdom introduced the tax on 1 April 2013, becoming the first country to introduce a carbon price floor. The UK carbon price floor is aimed at reducing the use of electricity produced from fossil fuels and is designed to penalize polluters and encourage investment in low-carbon energy. The compensation is aimed...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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