Carbon costs (for sectors of the economy part of EU-ETS)can help you understand the value of
£25 per tonne of CO2For 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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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.
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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