THE bosses of major UK companies have joined calls for the Government to bring in a target to slash emissions from the power sector by 2030.
In a letter to the Prime Minister, the companies criticised the split in the Government over the future of energy supplies, including possible questions over the UK’s commitment to its targets to tackle climate change. The uncertainty over the plans was paralysing investment and undermining growth prospects, they warned.
The Government’s advisers on climate change have urged ministers to introduce a target to decarbonise the energy sector by 2030, so emissions are just a fraction of current levels, to drive investment in low-carbon infrastructure.
But while the Liberal Democrat Energy Secretary Ed Davey has indicated support for a low-carbon target, backed by a range of environmental groups and businesses, the Treasury has been pushing an agenda to promote new gas supplies. The heads of Unilever, Doosan Power Systems, Anglian Water, Philips Electronics UK, B&Q owner Kingfisher, EDF Energy, Johnson Matthey and Heathrow Airport have now joined the calls for a target to be introduced