(BN) U.K. Utilities to Pay Extra $43 Billion in Low-Carbon

impact assessment -- option one reported only in attached http://www.decc.gov.uk/assets/decc/Consultations/emr/1042-ia-electricity-market-reform.pdf consultation page here http://www.decc.gov.uk/en/content/cms/consultations/emr/emr.aspx comments our way


U.K. Utilities to Pay Extra $43 Billion in Low-Carbon Proposal
2010-12-16 13:30:13.96 GMT

By Mathew Carr
Dec. 16 (Bloomberg) -- U.K. power utilities will pay an
additional 27.3 billion pounds ($43 billion) in equipment costs
in the 20 years through 2030 under a proposal to lower the
country's emissions and replace aging plants.
On the other hand, British utilities will buy fewer carbon
allowances in the European Union emissions market, saving about
11.5 billion pounds, according to the government's impact
assessment released today.

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