Interesting report by Vidya Ram. A case of running with the hares and hunting with the hounds?
“Tata Steel is gaining increasing support in the British Parliament in its opposition to the Carbon Floor Price, introduced in last week’s national Budget. Some politicians are concerned that the new measures could lead to firms such as Tata Steel exiting the UK market.
Britain is the first country in the world to introduce the CFP, “a levy on coal, oil, gas and other carbon-based fuels used to generate electricity for industries such as steel.” ”