|
ViewpointsHot TopicsThis story is tagged with the following keywords |
Viewpoints
Where's the break point? The UK's assumption about carbon costs underpins some huge programmes - not least the smart meter rollout. It has to reflect assumptions about how costs will change over the long term and can't swing on the whim of today's market. But the European Investment Bank raised about €8 per allowance - about £6.50 - when it sold allowances in the Emissions Trading Scheme to fund carbon capture and storage projects. It was thought lucky to get it. Meanwhile, the government's nominal carbon price in the CRC Energy Efficiency Scheme stands at £12. At what point does the current, real, carbon price begin to affect our long-term assumptions? Janet Wood This article first appeared in Utility Week's print edition of 20 January 2012. Get Utility Week's expert news and comment - unique and indispensible - direct to your desk. Sign up for a trial subscription here: http://bit.ly/zzxQxx Source: Utility Week © Faversham House Group Ltd 2012. News articles may be copied or forwarded
for individual use only. No other reproduction or distribution is permitted without prior written consent.
|
Highlighted Jobs |
|
|