Everything News Jobs Opportunities Events Products/Services
more
 
About
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

15 Feb 2011 11:02:09

Govt carbon plans 'may damage manufacturing industry'



Govt carbon plans 'may damage manufacturing industry'
Members of the manufacturing industry have called on the government to reconsider its proposal to implement a carbon price.

EEF, which represents British manufacturing, was responding to a consultation launched by the Treasury when it said such a move could damage the industry's competitiveness.

"Industry accepts that addressing climate change comes with a price tag but we are rapidly reaching a tipping point where companies who are internationally mobile will say enough is enough," the organisation said.

It added if more costs continue to build up, the sector, which already must comply with a number of emissions reduction initiatives, will struggle to attract future investment.

Ian Rodgers, director of UK Steel, was quoted by the Financial Times as saying although the energy intensive steel industry "shares the government's objectives", it must carry out a "fundamental rethink" of its plans if it intends the costs to be manageable.

Manufacturing is currently responsible for 55 percent of UK exports, which EEF claim make it essential for future economic growth. ADNFCR-1235-ID-800405042-ADNFCR


Discussion Thread  

 


The Low Carbon Economy Ltd Community



Related Items From Everyone


  1. As the UK Government hosts the Clean Energy Ministerial Event in London, 'Environmental...

    25 Apr 2012
  2. Windsor Castle is set to be the "primary customer" of a renewable electricity scheme to...

    19 Jul 2011
  3. DCNS, a French naval defence and marine energy technology company, has invested €14m to acquire...

    07 Feb 2011
  4. Paradise Bay Resort Organisations

    We are based in Grenada

  5. Students at a school in Rotherham will have the opportunity to develop a carbon reduction plan...

    29 Feb 2008



Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback

RSS



We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.