The UK Government has opted to propose a cut of target carbon emissions of 8 million tonnes pa, at the upper end of the range they were said to be considering.  The Government also decided to auction 7% of CO2 permits, unlike the German Government’s decision not to auction any permits.   The FT calls these targets “unexpectedly tough”. Here are the reports by the FT and the BBC. 

Technorati Tags: carbon emissions, CO2 permits

This entry was posted on June 29th, 2006 at 17:38 (GMT) and is filed under Policy, UK Energy Policy . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.