Are carbon taxes working? ScottishPower confirms March 2016 closing date for Longannet coal power plant

James Murray
clock •

Utility blames 'high carbon taxes' and transmission costs for forcing closure of Scotland's single biggest source of carbon emissions

ScottishPower has today confirmed it is to close the giant Longannet coal-fired power station on 31 March next year, arguing the "combination of high carbon taxes and high transmission charging" had made...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Local Elections: 'Mixed results' for UK's climate agenda, as Reform and Greens celebrate major gains

Local Election: Major gains for Reform and Greens, as Labour and Tory losses mount

More on CCS

BP to reduce stake in flagship carbon capture and storage projects
CCS

BP to reduce stake in flagship carbon capture and storage projects

Oil and gas giant says it is 'right time to sell' equity and bring in new partners for Net Zero Teesside and Northern Endurance Partnership projects

Stuart Stone
Stuart Stone
clock 08 May 2026 • 3 min read
Carbon removal lessons from Denmark: A reality check for the UK
CCS

Carbon removal lessons from Denmark: A reality check for the UK

Policy ambition for CDR must align with technological readiness, writes Leonie Meissner from LSE's Grantham Research Institute on Climate Change and the Environment

Leonie Meissner, LSE
clock 10 April 2026 • 4 min read
'Decision paralysis': EU urged to mobilise CCUS projects now or risk missing climate targets
CCS

'Decision paralysis': EU urged to mobilise CCUS projects now or risk missing climate targets

Trade body warns delays in deploying critical carbon capture projects will result in both missed emissions targets and continued deindustrialisation

Amber Rolt
clock 02 March 2026 • 4 min read