ICIS quote CPS Research Fellow Tony Lodge on Carbon Price Support
To read the full article, visit the ICIS website.
““There’s a higher chance of it [CPF] going with Labour given their background. But the devil on the shoulder of a Labour government will be ‘look at what it brings in’,” Tony Lodge, a research fellow at the Centre for Policy Studies told ICIS.
In opposition at the time of the policy’s formation, the Labour Party voted against the coalition government’s proposal.
Treasury and DECC battle
Lodge said the income derived from the tax is likely to make it a central battleground of policy between the Department of Energy and Climate Change (DECC) and the Treasury after the election.
“It’ll be a battle between DECC saying that we could lose 20GW of plant [if the tax remains] and the Treasury saying ‘look at what it brings in,” Lodge added.”
To read the full article, visit the ICIS website.
Date Added: Monday 27th April 2015
