A report was quietly slipped out by the Department for Business, Innovation and Skills last week which shows just how damaging an effect this Government's climate change policies are having on British industry.
BIS commissioned the 231-page report from ICF International and I daresay that the findings will make less than welcome reading at the Department for Energy and Climate Change.
The report - An International Comparison of Energy and Climate Change Policies Impacting Energy Intensive Industries in Selected Countries – shows that UK-based energy intensive industry is now at a huge competitive disadvantage compared with our main competitors, and that things are only going to get worse.
Look at this key graph from page 11 of the report, for example, showing the impact on the electricity price of climate change policies:
Government policies are clearly impacting on British industry far more seriously than those of our competitors in other countries, which is very bad news for both British industry and British jobs.
Responding to the report's publication, Matthew Sinclair, Director of the TaxPayers' Alliance and author of Let them eat carbon, said:
It is absolutely vital that the Government is challenged over this report's findings and we shall certainly do so at every opportunity.A report was quietly slipped out by the Department for Business, Innovation and Skills last week which shows just how damaging an effect this Government's climate change policies are having on British industry.
BIS commissioned the 231-page report from ICF International and I daresay that the findings will make less than welcome reading at the Department for Energy and Climate Change.
The report - An International Comparison of Energy and Climate Change Policies Impacting Energy Intensive Industries in Selected Countries – shows that UK-based energy intensive industry is now at a huge competitive disadvantage compared with our main competitors, and that things are only going to get worse.
Look at this key graph from page 11 of the report, for example, showing the impact on the electricity price of climate change policies:
Government policies are clearly impacting on British industry far more seriously than those of our competitors in other countries, which is very bad news for both British industry and British jobs.
Responding to the report's publication, Matthew Sinclair, Director of the TaxPayers' Alliance and author of Let them eat carbon, said:
It is absolutely vital that the Government is challenged over this report's findings and we shall certainly do so at every opportunity.
BIS commissioned the 231-page report from ICF International and I daresay that the findings will make less than welcome reading at the Department for Energy and Climate Change.
The report - An International Comparison of Energy and Climate Change Policies Impacting Energy Intensive Industries in Selected Countries – shows that UK-based energy intensive industry is now at a huge competitive disadvantage compared with our main competitors, and that things are only going to get worse.
Look at this key graph from page 11 of the report, for example, showing the impact on the electricity price of climate change policies:
Government policies are clearly impacting on British industry far more seriously than those of our competitors in other countries, which is very bad news for both British industry and British jobs.
Responding to the report's publication, Matthew Sinclair, Director of the TaxPayers' Alliance and author of Let them eat carbon, said:
“Draconian climate regulations and extravagant subsidies for renewable energy are pure industrial masochism. They sabotage British industry and hand a huge advantage to other countries, costing workers here their jobs. Sadly too often the best politicians offer is some inadequate compensation for the most severely affected businesses, leaving other companies and families lighting and heating their homes to pick up the bill.”
It is absolutely vital that the Government is challenged over this report's findings and we shall certainly do so at every opportunity.A report was quietly slipped out by the Department for Business, Innovation and Skills last week which shows just how damaging an effect this Government's climate change policies are having on British industry.
BIS commissioned the 231-page report from ICF International and I daresay that the findings will make less than welcome reading at the Department for Energy and Climate Change.
The report - An International Comparison of Energy and Climate Change Policies Impacting Energy Intensive Industries in Selected Countries – shows that UK-based energy intensive industry is now at a huge competitive disadvantage compared with our main competitors, and that things are only going to get worse.
Look at this key graph from page 11 of the report, for example, showing the impact on the electricity price of climate change policies:
Government policies are clearly impacting on British industry far more seriously than those of our competitors in other countries, which is very bad news for both British industry and British jobs.
Responding to the report's publication, Matthew Sinclair, Director of the TaxPayers' Alliance and author of Let them eat carbon, said:
“Draconian climate regulations and extravagant subsidies for renewable energy are pure industrial masochism. They sabotage British industry and hand a huge advantage to other countries, costing workers here their jobs. Sadly too often the best politicians offer is some inadequate compensation for the most severely affected businesses, leaving other companies and families lighting and heating their homes to pick up the bill.”
It is absolutely vital that the Government is challenged over this report's findings and we shall certainly do so at every opportunity.