Climate change committee chief signals support for carbon "floor price"

James S Murray
clock • 3 min read

Lord Adair Turner urges government to consider imposing a floor price on EU carbon allowances

Calls for a "floor price" on carbon allowances received influential backing yesterday when Lord Turner, the chairman of the government's Committee on Climate Change, signalled he would support such a move....

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 Carbon Trading

Gold Standard launches next-generation carbon credit registry

Gold Standard launches next-generation carbon credit registry

Updated carbon registry platform delivered in partnership with Trovio aims to improve connectivity with national registries, while maintaining full traceability of credits

clock 14 May 2026 • 2 min read
'A competitiveness engine for Europe': Almost 150 firms rally against mooted ETS overhaul

'A competitiveness engine for Europe': Almost 150 firms rally against mooted ETS overhaul

Open letter backed by almost 150 major manufacturers, corporates, and investors argues EU's flagship climate policy must remain 'predictable, credible, and ambitious'

Michael Holder
clock 18 March 2026 • 5 min read
UN approves first carbon credits under Paris Agreement

UN approves first carbon credits under Paris Agreement

UNFCC formally approves first credits under the new Paris Agreement Crediting Mechanism

clock 26 February 2026 • 3 min read