British carbon tax leads to 93% drop in coal-fired electricity

by University College London, Phys.org


Highlights:

The carbon tax legislation, known as the Carbon Price Support, has resulted in a 93% decrease of electricity generated by coal in the UK.

  • The tax was introduced in 2013 but the energy sector saw a vast decrease in coal dependency once the tax was increased in 2015
  • Coal generation was replaced with other emitters like gas and resulted in electricity imports from neighboring countries
  • Great Britain hopes to be a positive influence to it’s European neighbors by showing how beneficial a carbon tax can be for the environment and economy

The Climate Center focuses on getting a price on carbon that reflects the actual cost of fossil fuel to our economy and environment, and includes climate dividends.


Read More: https://phys.org/news/2020-01-british-carbon-tax-coal-fired-electricity.html

Nina Turner
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