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Evaluation: A Minimum Price for Carbon

AS, A Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

The UK has introduced a Carbon Price Floor which applies to fossil fuels used for electricity generation. The minimum price for carbon emissions is designed to provide a stable carbon price signal as a way of internalising externalities. But what are some of the arguments for and against imposing a carbon price floor?

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