2030 Power Sector Carbon Target Essential for Growth

Published on Monday, 08 October 2012 11:23
Posted by Scott Buckler

A powerful alliance of the UK's largest businesses and industry bodies have stated that a 2030 carbon target for the power sector is essential for stimulating new growth in the economy

Only greater clarity from Government can unleash the £110bn investment required to transform the UK's electricity infrastructure and drive wider economic benefits.

Peter Young, Chairman of the Aldersgate Group said, "the message of this letter is loud and clear: we must put an end to any political uncertainty surrounding the UK's energy future and start unleashing the billions of pounds of overdue investment which will deliver new growth for our economy.

Both the Labour and Liberal Democrat Parties understand this huge growth opportunity and backed a 2030 carbon target for the power sector at their party conferences. Now the Conservative Party must step up to the mark and provide the full cross-party support which businesses have been calling for."

To see the letter click here

Source: ©Aldersgate Group

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