Britain to scrap carbon tax on electricity generation from April 2028

LONDON, April ​16 - ⁠Britain's carbon ​tax on electricity generation will ​be ‌scrapped from ⁠April 2028, the ⁠government said on ​Thursday.

Britain introduced the tax, called the ​carbon ‌price support, on emissions from power plants in ​April 2013 as ‌a part of its efforts to ‌meet climate targets, by making polluting fossil ​fuel power production more expensive.

The ‌government had frozen the tax at ⁠18 ⁠pounds ($24) per metric ‌ton of carbon dioxide ​until ​April ‌2028, in last year's budget. ($1 = 0.7381 pounds) (Editing by Toby Chopra)