03 Oct '11, 1pm

Osborne vows UK emissions cuts will not lead Europe via @businessgreen

George Osborne has vowed that the UK will not lead the rest of Europe in its efforts to cut carbon emissions, raising the prospect that the country's carbon targets could be watered down if the EU does not agree to more ambitious emissions reduction goals. In a potentially explosive intervention, Osborne insisted the government will only cut emissions in line with its neighbours in order to ensure British businesses are not put at a disadvantage. FURTHER READING Conservatives face fresh calls to revive green agenda Tories' high-carbon ambitions threaten to torpedo “greenest government” tag Speaking at the Conservative party conference, the chancellor accused environmental regulations of "piling costs on the energy bills of households and companies" and argued that the government should not adopt green targets that damage the business sector. "We're not going to save the pl...

Full article: http://www.businessgreen.com/bg/news/2113945/osborne-vows...

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