18 May 2011 10:05:55
ICE response to government's commitment to emissions targets
Responding to the government's commitment yesterday to reducing carbon emissions by 50% on 1990 levels by 2025, director general of the Institution of Civil Engineers (ICE) Tom Foulkes said: "We welcome the government's commitment to these ambitious targets however to achieve them we will need to attract hefty investment in low carbon energy. This will require a robust and effective reform of the electricity market to sufficiently reduce risk for investors as well as long-term changes to the regulatory and policy framework to enable the construction sector to deliver efficient, timely solutions.
"Government must recognise that even the most theoretically robust reforms to the investment environment will fail to be effective if construction is hindered by ongoing practical issues such as planning delays, specialist skills shortages and a stop-start approach to infrastructure development."
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