Carbon costs (for sectors of the economy part of EU-ETS)can help you understand the value of

Value

£25 per tonne of CO2

For sectors of the economy which are part of the EU Emissions Trading Scheme (EU-ETS), DECC recommends central traded carbon prices (2009 prices): per tonne of CO2 equivalent per year, £22 in 2010, rising to £25 in 2020, £70 in 2030 and £200 in 2050 For sector which are not part of the EU-ETS, non-traded equivalents up to 2030 when traded and non-traded prices converge are: £52 in 2010, and £60 in 2020
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Year2020
Status:
Country:
TechniquePotential cost saving or value of resources reallocated
Description
This valuation relates to the 2020 cost of carbon for sectors of the economy which are part of the EU Emissions Trading Scheme (EU-ETS).
This was used by NEF (New Economics Foundation) as part of the evaluation of the potential impacts of an additional runway at Heathrow airport.
None
References
Valuation Source: Department of Energy and Climate Change: Carbon Valuation in UK Policy Appraisal: A Revised Approach, July 2009. decc.gov.uk/en/content/cms/what_we_do/lc_uk/valuation/valuation.aspx Report Source: decc.gov.uk/en/content/cms/what_we_do/lc_uk/valuation/valuation.aspx Reference: No explicit reference Datasource: decc.gov.uk/en/content/cms/what_we_do/lc_uk/valuation/valuation.aspx

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