Organisation Name
Confederation of British Industry (CBI)
InfluenceMap Query
Carbon Tax
Data Source
CEO Messaging
 
 

Score for this Data / Query Cell

-1.0

InfluenceMap has researched and collated the following pieces of evidence associated with the data source and query indicated above. Extraordinary information is indicated by a coloured flag in the upper right corner. Evidence items in order of data inputted with exceptional items first.

 

Not supporting carbon tax

InfluenceMap Comment:

Supporting a carbon tax with major exceptions, that the price is not increased (This is Money, March 2014)

Extract from Source:

The CBI’s other key demand is for a freeze on the controversial carbon tax, known as the Carbon Price Floor [...] Cridland said: ‘The heavy lifting [high cost] at the moment is on British business and it’s making us uncompetitive with French and German business. The gap between the [carbon] price in Britain and the price in France and Germany is just getting unbridgeable. I’ve suggested the Government changes the trajectory of the Carbon Floor Price.’ The CBI says the Government should freeze the UK carbon price from 2015-16, at a cost of £90million. It is likely to be granted its wish.

Created: 07/07/2015 Last edited: 19/09/2017

 

Not supporting carbon tax

InfluenceMap Comment:

Supporting a carbon tax with major exceptions, that the price is not increased (CBI Director-General John Cridland, Letter to the Chancellor of the Exchequer, February 2014)

Extract from Source:

The CPF puts UK industry, particularly those that are energy-intensive and trade-exposed, at a considerable competitive disadvantage. A two-pronged approach is therefore needed to address this. In the first instance, the government must continue to pursue a strong European carbon price through an ambitious and credible EU energy and climate framework for 2030, underpinned by a reformed EU Emissions Trading System (EU ETS). This is in order to support low-carbon investment and create a level playing field across the EU. Yet even under the most optimistic scenarios, the EU ETS price is likely to remain below that of the UK CPF out to 2020, therefore action is needed in the near-term to support industries impacted by this price differential. As such, the government should freeze the UK carbon price from 2015/16 in a way which minimises this divergence. The government should also commit to extending the energy-intensive industry (EII) compensation package for the pass-through costs of the EU ETS and CPF for the next Parliament. Further relief could also be provided by exempting inputs to electricity generated by Combined Heat and Power

Created: 28/07/2015 Last edited: 31/07/2018

 

Unclear position on carbon tax

InfluenceMap Comment:

Position on UK carbon price floor unclear; asking for policy clarity on carbon price, also stressing the need for 'sufficient support' for energy-intensive industries (CBI, Director General, Carolyn Fairbairn, Response to Autumn Budget, November 2017)

Extract from Source:

Read the CBI's full response to Chancellor Philip Hammond's Autumn Budget. Carolyn Fairbairn, CBI Director-General, said:[...]  “Continued investment in low-carbon power will also be crucial as we transform our energy system, and business will need to consider the implications of the new control for low-carbon levies. Greater clarity on the trajectory for the UK carbon price will be welcomed by investors, but it is important that this is matched with the provision of sufficient support to energy-intensive industries, including manufacturing.

Created: 30/07/2018 Last edited: 30/07/2018