UK carbon tax could reach £40 a tonne by 2020

James S Murray
clock

Treasury sets out carbon levy proposal; DECC confirms it does not anticipate new unabated coal plants

Power plants in the UK could face a carbon price of up to £40 a tonne by 2020, under plans set out today by the Treasury. The proposals, which sit at the heart of the government's wider electricity...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Taxation

Government warned ECO cuts could put 60,000 jobs at risk

Government warned ECO cuts could put 60,000 jobs at risk

Axing green levies and scrapping the ECO energy efficiency scheme could impact tens of thousands of jobs across the UK, industry body warns

Stuart Stone
clock 12 December 2025 • 5 min read
Autumn Budget 2025: At a glance guide for the green economy

Autumn Budget 2025: At a glance guide for the green economy

BusinessGreen's all-you-need-to-know guide to the green announcements in today's Autumn Budget

Michael Holder
clock 26 November 2025 • 13 min read
Reports: Chancellor ditches plan to cut VAT on energy bills

Reports: Chancellor ditches plan to cut VAT on energy bills

FT reports the Treasury will instead move to reform levies on energy bills, fuelling fears energy efficiency funding could be cut

James Murray
clock 26 November 2025 • 3 min read