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The Low Carbon Economy Ltd

06 Feb 2009 05:02:10

Energy efficiency could save business £1bn

Energy efficiency could save business £1bn
Recognising that there is not a need to chose between the environment and what is good for business will help move the country toward a low carbon economy, according to Ed Miliband.

The secretary of state for energy and climate change was speaking in response to the launch of a Carbon Trust initiative to help businesses cut down their energy use and carbon emissions.

As part of the 'One Million A Day' campaign launched by the trust, businesses are being urged to take steps to improve their energy efficiency and save a total of £1 billion over three years.

Over the same period they would reduce carbon dioxide emissions by 17 million tons.

Mr Miliband sad: "We are no longer choosing between what’s good for business and what’s good for the environment. By taking action now to reduce energy use and cut carbon from our goods and services, British business has the opportunity to not only save money and create jobs, but set us on the path to becoming an innovative low carbon economy."

The government has committed to cutting carbon emissions by 80 per cent by 2050.


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