Generators in the front line as UK faces up to EU emissions trading

In less than two years, the UK's electricity generators are due to come under the new EU greenhouse gas emissions trading scheme - but remarkably little thought appears to have been given in the UK to the stringency of emission targets or the way in which allowances will be allocated. A report for the European Commission warns that the EU scheme "has driven a coach and horses" through the UK's climate policies - including the climate change levy - and that a major overhaul is now essential.1

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