26 Sep '12, 10am

Important and nuanced intervention in gas v renewables row from @CBItweets

The CBI has distanced itself from growing calls for a "dash for gas", arguing that while the UK will need to increase gas power capacity in the coming years, large-scale deployment of new gas plants would jeopardise carbon targets. FURTHER READING Climate change costs already top $1tr - and are set to spiral Conference diary: The sideshow must go on Speaking at a fringe event at the Liberal Democrat conference this week, CBI director-general John Cridland said "some" new gas capacity would be required to close the looming energy supply gap the UK faces – but warned that the surge in new gas investment being advocated by some MPs and think tanks could not be justified. "Gas can be built relatively quickly and cheaply, and has roughly half the carbon emissions of coal," he said, adding that the Committee on Climate Change recognises the need for some new gas capacity between...

Full article: http://www.businessgreen.com/bg/news/2208266/cbi-rejects-...

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