UK schemes for reducing carbon emissions from electricity
The UK government must acknowledge that the electricity industry alone cannot bear the entire burden of CO2 emission reduction. The current best option for the UK economy is if power generators and energy intensive industry take advantage of low prices in the EU Emissions Trading Scheme and buy surplus CO2 emission permits—not build expensive renewable generation capacity.
Categories:
Country and Regional Studies , Energy and the Environment , Energy Policy
Tags:
Carbon Trading , CCGT , Competition , Energy White Paper , EU Emissions Trading Scheme , EU Energy Policy , Large Combustion Plant Directives , Liberalisation , Power Generation , Renewables , United Kingdom CO2 Emissions