‘Fast approaching, if largely unnoticed, is yet another massive shock the Government has in store for us with its weirdly distorted energy policy. It is surprising to see what an abnormally high proportion of the electricity needed to keep our lights on has lately been coming from coal-fired power stations. Last Wednesday evening, for instance, this was over 50 per cent, with only 1.3 per cent coming from wind power. Yet by next March, we learn, five of our largest coal-fired plants, capable of supplying a fifth of our average power needs, are to be shut down, much earlier than expected, under an EU anti-pollution directive.
One reason why these plants are being hammered through their remaining quota of hours allowed by the EU is that a new UK tax comes into force next April, which aims to make fossil-fuel power significantly more expensive. In 2010, George Osborne announced his intention to impose, from April 2013, a “carbon floor price” of £16 on every tonne of CO2 emitted by British industry, rising to £30 a tonne by 2020 and £70 a tonne by 2030.’