20.05.2016 - Industry, competitiveness, and the fifth carbon budget
EEF's Richard Warren argues there is little reason for industry to be concerned about the impact of an ambitious new carbon budget on competitiveness - in fact it could provide a boost to UK manufacturers. The government has just six weeks remaining to set the level of the fifth carbon budget and bring it into legislation. Parliamentary timetables being what they are, we can therefore expect to hear something in the next two to three weeks. It is widely anticipated the government will follow the advice of the Committee on Climate Change (CCC) in setting the budget at 1,725 million tonnes over the 2028-2032 period (excluding international shipping) representing a 57 per cent reduction from 1990 levels...............................................Full Article: Source
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