Daily News
CBI Comments On Government’s Annual Energy Statement
The CBI today commented on the Government’s first annual energy statement and ‘2050 Pathways.’ Sarah Green, Regional Director, CBI North East, said:
“The Government rightly recognises the scale of the long-term challenge that delivering a secure, low-carbon energy system will entail.
“We believe that the answer lies in developing a broad-based, cost-effective energy mix that includes gas, clean coal, nuclear and renewable sources, as well as improving energy efficiency.
“Now businesses need quick decisions on electricity market reform, and certainty that the planning regime will not be changed in a way that deters investment. These will be crucial to securing the £150bn of private sector investment needed to turn the Government’s strategy into reality. Cost effectiveness must underpin all policy decisions to ensure we maintain industrial competitiveness.”