Bloomberg News

U.K. Proposes Simplified Carbon Tax to Cut Costs for Business

March 27, 2012

The U.K. announced proposals to simplify its emissions tax known as the Carbon Reduction Commitment in a move the Department of Energy and Climate Change said will save businesses and public bodies 330 million pounds ($527 million) by 2030, according to an e-mailed statement today.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net


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