The Guardian:Â Carbon floor price hike will trigger UK coal slowdown, say analysts
Article published:Â Apr 2, 2015 – out of date: no longer suitable for your IB Economics commentary
IB Economics syllabus:Â 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:Â Nick Moore/Alamy