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United Kingdom: Osborne expected to freeze controversial carbon tax in Budget

2014-03-16 16:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The Chancellor will reignite the row over green taxes on energy bills this week when he is expected to curb to his controversial carbon tax -- easing consumer bills but infuriating green groups. Critics of the "carbon price floor', which increases the costs of burning fossil fuels, say it is a pointless "stealth' tax that will increase the risk of blackouts by forcing coal plants to switch off before new power plants are ready to replace them. The tax will push up UK electricity prices, leading...

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