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CBI COMMENTS ON COMMITTEE ON CLIMATE CHANGE REPORT

CBI

30 June 2011

The CBI today commented on the Committee on Climate Change’s report to Parliament which found that emissions increased by 3% in 2010. Earlier this month, the CBI published its Climate Change Tracker, which showed that not enough progress had been made in decarbonising energy, buildings, transport and industry. Further details can be found at: www.cbi.org.uk/climatetracker.
Commenting on the CCC’s report, Rhian Kelly, CBI Director for Business Environment, said:
“Our Climate Change Tracker shows too many gaps in reducing emissions from key sectors including energy, buildings, transport and industry. Recent policy shifts have also dented investor confidence, such as the sudden removal of the incentive behind the Carbon Reduction Commitment.
“To get back on track, the Government must clarify a number of grey policy areas, including the Green Deal, electricity market reform and the Green Investment Bank.”