Budget 2014: Osborne's carbon price freeze sparks green investment fears

James Murray
clock •

Chancellor unveils £7bn support package to help industry with rising energy costs, fueling concerns decarbonisation efforts could be undermined

Chancellor George Osborne today surprised industry by accompanying his heavily trailed freeze of the carbon price floor with the unveiling of a new £7bn support package to help manufacturers cope with...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

'Adaptation is a must': 2024 confirmed as Europe's hottest year on record

'Joined-up approach': Energy Saving Trust urges government to deliver ambitious Warm Homes Plan

More on Politics

Trump's tariff hike casts shadow over US energy storage market, analysts warn
Politics

Trump's tariff hike casts shadow over US energy storage market, analysts warn

BloombergNEF analysis estimates US battery storage costs could jump 58 per cent under new tariffs, causing delays to much-needed new projects

Amber Rolt
clock 11 April 2025 • 3 min read
Net zero: The world has changed and we must change with it by acting now
Politics

Net zero: The world has changed and we must change with it by acting now

The UK's political consensus on climate change may be crumbling, but swift action from businesses can create and protect value from climate risks and secure the future of market-based economies, writes Bev Cornaby, director of the Corporate Leaders Group...

Bev Cornaby, Corporate Leaders Group UK
clock 08 April 2025 • 4 min read
'A market-led, conservative plan': Green Tories publish alternative climate strategy
Politics

'A market-led, conservative plan': Green Tories publish alternative climate strategy

Conservative Environment Network unveils paper that aims to inform Kemi Badenoch's policy review, following Party's controversial decision to ditch support for UK's net zero target

James Murray
James Murray
clock 01 April 2025 • 10 min read