It's passed...

Okay, that £8 billion? It's passed. It's there to be taken.

wow.

Also being reported is that all power generators will have to pay for all carbon credits in the third phase of the EU Emissions Trading Scheme - but that was likely, and to an extent forseeable.

The cap of 500g/kwhr is also in - applicable from 2015.

I'm not sure if this is law quite yet - some negociation to be done perhaps.