29 Nov '15, 12pm

Businesses slam UK green energy cuts ahead of crunch climate talks - Business Green

Ten of the UK's biggest businesses, including Tesco, BT and Marks & Spencer, have warned the Prime Minister that a series of cuts to green energy have knocked investor confidence in the sector, as he prepares to join around 150 world leaders in Paris tomorrow for the start of intense climate change talks. The letter , also signed by Panasonic, Nestle and IKEA, comes as the UK's biggest business group, the CBI, called for an "ambitious, lasting" climate deal in Paris that would provide companies with certainty to invest in low carbon technologies. FURTHER READING What does COP 21 mean for the retail industry? What are the biggest hurdles to a Paris climate deal? Sent on Friday, the letter also signed by Vodafone, Kingfisher and Thames Water, told David Cameron that recent moves to scale back support for solar power, wind energy and other low carbon technologies were increas...

Full article: http://www.businessgreen.com/bg/news/2436908/businesses-s...

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