Last week, the government announced £100m worth of cuts to the energy bills of heavy users, meaning the chemicals, cement and steel sectors will pay less towards subsidising low-carbon energy generation. Ineos , the French -Swiss chemical company, is lobbying the Britain government to exempt the chemical sector completely from the climate policy cost element included their electricity tariffs. Documents revealed under Freedom of information rules from Ineos , a government-industry group, show that Ineos is pushing the government to use the Chemistry Growth Partnership as a pretext for full exemption. The government last year agreed to cut the energy bills of major users by £100m ( $125m ). This on top of previous concessions worth £ 250m . Ineos also seeks to abolish the carbon floor price, a tax on companies generating electricity.
Ineos , the French -Swiss chemical company, is lobbying the Britain government to exempt the chemical sector completely from the climate policy cost element included their electricity tariffs. Documents revealed under Freedom of information rules from Ineos , a government-industry group, show that Ineos is pushing the government to use the Chemistry Growth Partnership as a pretext for full exemption. The government last year agreed to cut the energy bills of major users by £100m ( $125m ). This on top of previous concessions worth £ 250m . Ineos also seeks to abolish the carbon floor price, a tax on companies generating electricity.