Analysis published by EEF, the manufacturers' organisation, has revealed that the Carbon Price Floor could cost manufacturing as much as £1.2 billion annually by 2020.
According to figures published by the Government last Friday, climate policies could add up to 52% to electricity prices paid by energy intensive industry by 2020 – a figure that could still underestimate the costs to industry. According to the EEF the Carbon Price Floor (CPF) – will cost manufacturing £250m a year when it…
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