17 Mar '12, 10am

WWF: Treasury has ‘staged a coup’ on UK energy policy - @KeithAllott on George Osborne's 'blinkered approach'

Commenting on the recent announcement by DECC on measures to ‘provide certainty’ to gas investors [1], Keith Allott, head of climate change at WWF-UK , said: "The Treasury and George Osborne appear to have staged a coup on UK energy policy, and the fact that this decision was sneaked out suggests that Ed Davey is - rightly - embarrassed by it. “A new dash for gas will destroy the UK's leadership on climate change and will leave UK citizens at the mercy of rising and volatile fossil fuel prices. It’s staggering that the Treasury is bending over backwards to support a fuel that is to blame for 80% of the recent hike in energy bills. “Investment certainty is needed - but for clean renewables, not dirty fossil fuels. George Osborne's blinkered approach risks leaving the UK's stuck on the starting line in the global race to a clean economy." WWF said that a recent International...

Full article: http://www.wwf.org.uk/what_we_do/press_centre/?5802/Treas...

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