Carbon floor price

UK nuclear industry windfall feared

Tuesday, February 15, 2011

The nuclear industry could receive a £3.4bn windfall as a result of plans to set a carbon floor price, according to green campaigners.

WWF and Greenpeace argue the coalition’s move to make low-carbon technologies more profitable by setting a minimum carbon price would provide a big boost to the nuclear sector. They argue the move breaches its promise not to provide subsidies for new nuclear power.

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