HM Treasury written question – answered at on 23 June 2015.
To ask Mr Chancellor of the Exchequer, what plans he has to apply the UK carbon price floor to electricity imported through interconnectors which is generated by overseas fossil fuel plants; and if he will make a statement.
The Carbon Price Floor is a tax levied on fossil fuels used to generate electricity in the UK only. The Government cannot apply it to imported electricity due to EU excise and energy tax directives. HMT keeps all taxes under review.
Yes1 person thinks so
No1 person thinks not
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