Great report out today on my favourite subject - carbon pricing. Led by the excellent @racheljanetwolf. It's ambitious to say the least, but in a politically charged area we need the boldness to inch towards a coherent regime that drives investment. 3 things jumped out to me...
1: The mixed signals in the power sector need to be fixed. The UK ETS won't quite do it, but there is finally an opportunity to create a more definable (and investable) single price. The idea to utilise it to help cut subsidy costs is a good one. 
2. The idea of biting the bullet on pricing domestic gas is clearly becoming more mainstream which is good news. My only point of caution would be on timeframe. Surely better to implement low at first, then increase as low-carbon heat alternatives fall in cost?
3. Couldn't be a real carbon pricing report without calling for carbon border adjustments. Remember sneaking the idea into a Secretary of State speech a few years ago when it wasn't so vogue. Most pragmatic approach likely to be riding coattails of EU who are moving fast already.
