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Beer, bingo and cheaper carbon – the UK budget 2014

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21 March 2014

Beer, bingo and cheaper carbon – the UK budget 2014

Report summary

In an attempt to limit rising energy costs, the UK Chancellor, George Osborne, used his 2014 budget to announce a reform of the country’s Carbon Price Floor arrangement. The announcement may not interest the UK consumer as much as cuts in the taxation of beer or bingo, but will it have a real influence on energy prices or the development of the UK's power supply mix? In our view, this is unlikely.

Table of contents

  • Carbon price floor reform
  • The long-term sensitivity of EU ETS prices
  • Conclusion

Tables and charts

This report includes 2 images and tables including:

  • Modelled carbon price support (CPS) rates
  • UK power supply mix

What's included

This report contains:

  • Document

    Beer, bingo and cheaper carbon – the UK budget 2014

    PDF 523.20 KB

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