1. UK Climate Change Policy
Topics In
Microeconomics
UK Climate Change Policy
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차건일
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2. CONTENTS 1 5 3
Introduction
ETS
Taxation 2 4
Subsidy
Regulations

3. Global warming
Global warming caused by carbon emissions

4. 1997 Kyoto Protocol

5. Climate Change Committee

6. The Climate Change
Act 2008

7. Energy Act

8. Renewable
Obligation

9. Feed In Tariffs(FIT)

10. Carbon Capture & Storage (CCS)

11. Climate Change Levy
Greenhouse gas reduction goals and enhance energy security in the dimension has been introduced in April 2001.
Industry, commerce, agriculture and energy production in the final consumer in the public sector are charged based on usage.

12. Climate Change Levy The freeze was between 2001 and 2007. Since 2008
Taxable
Since April 2008
Since April 2011
Since April 2012
Electric
£ /kwh
£ /kWh
£ /kWh
The gas of the gas supplier
£ /kWh
£ /kWh
£ /kWh
LPG or other gas
£ /kg
£ /kg
£ /kg
Other product
£ /kg
£ /kg
£ /kg
The freeze was between 2001 and Since 2008
we continued to raise as shown in the following table.

13. Carbon Price Support
Based on the CCL and is being implemented from April 2013.
It will be applied in conjunction with the emissions trading scheme.
Such as the global financial crisis in 2009 and concerns the emissions price slump in unpredictable circumstances, introduced a carbon price support schemes.

14. Carbon Price Support
lower limits (Carbon Price Floor) of a carbon tax emissions trading scheme
If prices fall to CPS tax credits or less, a emission policy to allow unrestricted sales tax to the CPS.

15. Carbon Price Support
Division
Tax rate
(euro/tCO2)
9.44
12.06
14.86
The lower limit determines the price of carbon emissions trading.
Middle and expected to have a long-term plan.

16. landfill tax landfill tax was introduced in 1996 Suppressing waste
generation, reducing final destination volume(recycling rate improvement)

17. Vehicle Excise Duty A flat-rate levy on all cars by 1992.
Since March 2001 fully charged according to the exhaust gas (CO 2) emissions and fuel type.

18. Plug-in Hybrid Vehicle subsidy
In January 2011, the British government has donated 200 million to buy 30 million £ PHV subsidies
The scheme allows aid to a limit of 25% of the purchase price for electric car buyers a £ 5000 government specified.

19. Subsidies to LPG Use Home
• When switching an electric heater to LPG heaters can be supported up to 320 pound ~ 220 pound.
• Heating boiler unit when the carbon emissions of the energy product to write from home most high switching to LPG even greater carbon savings.

20. What is ETS?

21. UK ETS’s Proposal to secure cost-effective GHG emissions reductions
to give UK companies experience of ETS,
with a particular view to being ready for the EU ETS
to Establish an emissions trading center in London

22. Change over to ETS Date(month/year) Development
March UK ETS began
February Energy White Paper published
September Review of Climate Change Programme launched
January EU ETS began
July G8 Summit under UK Presidency
July Stern Review announced
December Energy Efficiency Innovation Review report published
March New UK Climate Change Programme published
April Revised Building Regulations Part L came into force
July Energy Review published
September Plans for Office of Climate Change announced
January Participate EU ETS

23. AUCTION 1st Announce a tCO2e price 2nd demand bid 3rd Submitted a bid
4th Announce total tCO2e
5th The price is bigger than incentive, next stage
6th Adjustment about The price is same or small
than inventive

24. Participate a ETS Direct Participant Agreement participant
Project Participant
Registry

25. Result of ETS

26. THANK YOU