{"id":13017,"date":"2011-06-24T16:15:28","date_gmt":"2011-06-24T14:15:28","guid":{"rendered":"https:\/\/preprod.i4ce.org\/publication\/carbon-price-flaw-the-impact-of-the-uks-co2-price-support-on-the-eu-ets\/"},"modified":"2022-07-15T21:50:41","modified_gmt":"2022-07-15T19:50:41","slug":"climate-brief-n6-carbon-price-flaw-the-impact-of-the-uks-co2-price-support-on-the-eu-ets","status":"publish","type":"publication","link":"https:\/\/staging.i4ce.org\/en\/publication\/climate-brief-n6-carbon-price-flaw-the-impact-of-the-uks-co2-price-support-on-the-eu-ets\/","title":{"rendered":"Carbon Price Flaw? The impact of the UK\u2019s CO2 price support on the EU ETS"},"content":{"rendered":"<p>In March 2011 the UK Government began implementing a carbon \u201cprice floor\u201d for domestic power generators, which will apply from April 2013. Since the policy will effectively create two different prices for CO2 within the European Union Emissions Trading Scheme, it will have distortionary impacts on the European carbon market. Our analysis suggests that it will lead to additional emissions abatement in phase 3 by the UK power sector of between 26.6 MtCO2 and 37.6 MtCO2 to 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In March 2011 the UK Government began implementing a carbon \u201cprice floor\u201d for domestic power generators, which will apply from April 2013. Since the policy will effectively create two different prices for CO2 within the European Union Emissions Trading Scheme, it will have distortionary impacts on the European carbon market. Our analysis suggests that it [&hellip;]<\/p>\n","protected":false},"featured_media":48797,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"type_publication":[50],"class_list":["post-13017","publication","type-publication","status-publish","has-post-thumbnail","hentry","type_publication-climate-brief"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Carbon Price Flaw? The impact of the UK\u2019s CO2 price support on the EU ETS - I4CE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/publication\/climate-brief-n6-carbon-price-flaw-the-impact-of-the-uks-co2-price-support-on-the-eu-ets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carbon Price Flaw? The impact of the UK\u2019s CO2 price support on the EU ETS - I4CE\" \/>\n<meta property=\"og:description\" content=\"In March 2011 the UK Government began implementing a carbon \u201cprice floor\u201d for domestic power generators, which will apply from April 2013. Since the policy will effectively create two different prices for CO2 within the European Union Emissions Trading Scheme, it will have distortionary impacts on the European carbon market. 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