House of Lords written question – answered am ar 11 Rhagfyr 2009.
Lord Moynihan
Ceidwadwyr
To ask Her Majesty's Government what are their projections for the carbon dioxide price in the European Union Emission Trading Scheme (ETS) over the next five years; and to what extent they intend to support the price of carbon dioxide in the ETS.
Lord Hunt of Kings Heath
Deputy Leader of the House of Lords, House of Lords, Minister of State, Department of Energy and Climate Change, Minister of State (Department of Energy and Climate Change), Deputy Leader of the House of Lords
The Government's forecast for the traded price of carbon, published in July 2009, is €35 in 2020 with an EU reduction target of 20 per cent below 1990 emissions. This published value will be updated on a yearly basis, taking into account the latest evidence. The Government do not publish any other projections on the carbon price.
The Government have no plans to support the price of carbon. Whilst the UK's 2003 energy White Paper said we would leave the option open of intervening in the carbon market, we do not currently consider that there is a case for such an intervention.
Yes2 people think so
No3 people think not
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