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UK Freezes CO2 Tax in £7 Billion Plan to Cut Power Cost

19 March - Chancellor George Osborne froze a tax on carbon emissions from electricity generation starting in April 2016 as part of a  £7 billion plan to cut consumer energy bills. The government is creating policy uncertainty by “fiddling” with its rules, said Nicholas Stern, head of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics.  Further details from: 

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