BG warns on effects of climate change levy

  • 06/05/1999

  • Financial Times (London)

BG warned that gas prices for business consumers in Britain could rise by 30-40 per cent if the government introduced its proposed climate change levy. The natural gas pipeline operator and producer said the proposals, which are not based on the carbon content of various fuels, could have a disproportionate and perverse impact on the demand for gas, which is viewed as the least damaging fossil fuel.