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CBI COMMENTS ON 2025 EMISSIONS TARGET

CBI

17 May 2011

The CBI today commented on the Government’s announcement of a 50 per cent target for reducing UK greenhouse gas emissions by 2025.
Katja Hall, CBI Director of Policy, said:
“We support a 50 per cent emissions reduction target by 2025, but we won’t achieve this unless the Government gets the short-term policies right.
“With the green economy potentially bringing in £200 billion of investment into the UK’s energy sector alone, we need policies that will foster growth by decarbonising our energy supply, increase energy efficiency and support the competitiveness of our manufacturing base. As a result, we support the Government’s decision to address the impact of the target on the competitiveness of energy intensive industries.
“Ultimately, it is the success of measures such as the Green Investment Bank, electricity market reform and the Green Deal that will decide whether we meet ambitious emissions targets.”