Brussels, 21/05/2014 (Agence Europe) - On Wednesday 21 May, the European Commission said that the British government's plans to compensate certain energy-intensive users from higher electricity costs triggered by a mandatory carbon price floor to be in line with EU state aid rules.
The UK carbon price floor, a tax on carbon-intensive fuels, is aimed at reducing the use of electricity produced by fossil fuels. The Commission says the measure would further EU energy objectives without unduly...