Carbon Budget Reaction: Long-term signal to business to drive mass roll out of low carbon technologies
Tom Delay, Chief Executive, Carbon Trust said:
"Today's announcement makes the UK the first country in the world to have declared a legally binding target on greenhouse gas emissions beyond 2020. This is significant. For business this is good news because it will provide what every business wants; greater certainty. It also sends the much needed long term signal to business to compete with each other, to drive new business strategies, to innovate and to drive the mass roll out of low carbon technologies. In short the new budget and target is an important long-term signal to start a short term race. The evidence to act on climate change is compelling. Now we have set the long-term course we must fine tune the plan to reach it."
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