EDF, the French utility giant, has insisted that reform of the carbon trading system would be a cheap way for consumers to help pay for a new generation of UK nuclear power stations.
The move could cost the average household an estimated extra £20 to £40 per year.
The power company has been lobbying for an overhaul of the European emissions market, arguing that the market mechanism has failed to incentivise enough investment in low-carbon energy such as nuclear power.
Vincent de Rivaz, chief executive of EDF Energy, would like to see a minimum “floor price” on carbon emissions credits for electricity generators, since the current system has not made the production of clean energy cheaper than by burning fossil fuels.
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