Introduction Summary
1.Section 200 introduces Schedule 42 which amends Schedule 6 (Schedule 6) to the Finance Act 2000 to provide for the introduction of the carbon price floor in Great Britain, as it applies to coal and other solid fossil fuels, gas and liquefied petroleum gas (LPG) used in most forms of electricity generation, with effect from 1 April 2013. The Schedule is split into four parts:
	Part 1 repeals the carbon price floor provisions set out in Finance Acts 2011 and 2012, from 26 March 2013.
	Part 2 re-enacts the previous legislation in this Schedule in an amended and consolidated form, with effect from 1 April 2013. It provides for the carbon price support (CPS) rates of climate change levy (CCL) (‘the CPS rates’) and sets the rates for 2013-14. It sets out the scope of the tax and provides for the Commissioners for HM Revenue & Customs (HMRC) to make regulations to give effect to the tax.
	Part 3 sets the CPS rates for 2014-15 with effect from 1 April 2014.
	Part 4 sets the CPS rates for 2015-16 with effect from 1 April 2015.