The Prime Minister, who is in Brussels today as part of his ‘reset’ five years after Brexit, wants to align the UK’s emissions policy with that of the European Union.
But analysts and Leave campaigners say the move will drive up prices for British energy and manufacturing firms because the price of carbon is far higher on the continent.
There are fears it could even trigger higher electricity bills for households as well as businesses that have to buy permits to offset their emissions.
It will also raise fresh claims that Labour is seeking to reverse Brexit, as it may mean the return of EU law on the statute book.
However, major industries including steel
and power generation are said to support Labour’s plan as a way of
avoiding a looming EU carbon tariff....<<<Read More>>>...
