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London, 4 October - The Global Warming Policy Foundation has welcomed the promise by Chancellor George Osborne that the government will no longer be bound by unilateral targets that cut CO2 emissions in Britain faster and deeper than other countries in Europe.
UK Government To Suspend Unilateral Climate Targets
Seeded on Tue Oct 4, 2011 1:01 PM EDT
Article Source: The Global Warming Policy Foundation- Enjoy this article? Help vote it up the 'Vine.
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At the Lib Dem conference Energy Secretary Chris Huhne denied to me in a BBC interview (and then to the conference) that the various green measures of which he is an enthusiast was helping drive up energy bills. Indeed he claimed that his various energy-saving measures would actually cut bills over time. That is clearly not the Chancellor’s view. I know from private briefings that the Chancellor does not quite share Mr Huhne’s green enthusiasm. Mr Osborne wants more realistic targets.—Andrew Neil, BBC News, 4 October 2011
There was a softening of the war against carbon, which threatens to make British manufacturing uncompetitive by hiking costs. But the chancellor’s message – that carbon reduction would not take place any faster than in the rest of Europe – suffered from incorrect benchmarking. The UK’s rivals when it comes to the location of manufacturing activity are not in Europe – they are in emerging markets. It might have sounded like a pro-growth statement to the Treasury (which spends more and more time dealing with Brussels) but to UK Plc (which spends its time dealing with the world) it means nothing. –Allister Heath, City A.M., 4 October 2011
Despite government hopes that manufacturing will lead the UK recovery, there are fears some energy-intensive industries may be forced to leave the UK as prices rocket.—Gerry Northam, BBC News, 4 October 2011
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