Britain’s unilateral carbon tax should be scrapped before it causes blackouts, pushes up household bills and makes the UK uncompetitive, ScottishPower argues.

Keith Anderson, chief corporate officer, warns that the “carbon price floor” (CPF), which taxes companies for burning fossil fuels, will make Britain’s remaining coal plants “largely uneconomic by around the middle of the decade”.

With Britain’s spare power margin already forecast to fall as low as 2pc by 2015, the carbon tax will force more closures and “threatens to make us even more vulnerable to the risk of blackouts”, he warns.

http://www.telegraph.co.uk/finance/newsbysector/energy/10504524/Axe-carbon-tax-to-keep-lights-on-and-cut-energy-bills-says-ScottishPower-chief.html


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