Carbon floor price hike will trigger UK coal slowdown

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The Guardian: Carbon floor price hike will trigger UK coal slowdown, say analysts

Article published: Apr 2, 2015 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Microeconomics (Govt’ intervention, minimum price/price floor, carbon tax)

“Coal-fired power plants are set to be taken offline this year as a result of the doubling of the UK’s top-up carbon tax on Wednesday, according to market analysts.” Since this is a longish article, make sure you highlight the parts that you are referring to in the commentary.

Source of image: Nick Moore/Alamy

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By EconDaddy IB Economics tutor|2022-01-13T12:07:14+00:00April 28th, 2015|Micro|Comments Off

About the Author: EconDaddy IB Economics tutor

My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.