advice chancellor may dilute carbon ambitious in the UK
George Osborne, pledged that Britain will not take the rest of Europe in their efforts to reduce carbon emissions, raising the possibility that the country's carbon targets could be diluted if the EU not agree more ambitious targets for reducing emissions.
intervention in hazardous areas, Osborne insisted that the government would only reduce emissions in accordance with its neighbors to ensure that UK companies are not disadvantaged.
his speech to the Conservative Party Conference, Monday, the chancellor accused the environmental regulations "cost build up in energy bills for households and businesses" and said the government does should not adopt environmental objectives that the damage to the business sector.
"We will not save the planet, putting our country into bankruptcy," he said. "So we at least resolve that we will reduce our carbon emissions, but not slower not faster than our sister countries of Europe."
also stressed the UK is less than two percent of global greenhouse gas emissions, compared to 40 percent of the United States and China, and warned that if the United Kingdom aimed at reducing carbon emissions too quickly intensive companies simply migrate abroad.
significant, Osborne said he had "insisted" on the commitment that the emission reductions in the UK do not exceed the rest of Europe as part of the agreement on fourth recent carbon budget, which commits the UK to halve emissions to 1990 levels by 2025.
is a reference to the agreement reached earlier this summer, which was in the UK in line with the ambitious goals recommended by the independent committee on climate change, but only after the Treasury had obtained a commitment to review the objectives if the EU does not agree with the equally ambitious targets beyond 2020.
- comments threaten to rekindle the dispute over emissions targets of the Office of the United Kingdom, and represent a blow to Lib Dem Ministers welcomed the stricter emissions targets as a major achievement.
- However, it remains to be seen whether the commitment Osborne is not to reduce emissions faster than the rest of Europe can be made.
under the UK Climate Change, the government is legally committed to reducing its emissions 35 percent by 2022 and 50 percent in 2025.
However, the EU committed to reducing their emissions by 20 percent in 2020, while the UK and a number of other countries are lobbying in Brussels in this effect was increased by 30 percent in several Member States are resistant to change.
Any attempt by Osborne aims to cut the UK if the EU fails to agree on a similar set aggressive post-2020 is almost certain that the opposition Liberal Democrat , Green MEPs committed by his own hand, green businesses and non-governmental organizations and the independent committee on climate change.
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