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Cable: Cutting emissions quickly will hurt the economy

Cable: Cutting emissions quickly will hurt the economy

Business secretary Vince Cable voices his concern at the government’s climate change plans, in a letter to Nick Clegg and George Osborne leaked to the press:

“Agreeing too aggressive a level risks burdening the UK economy, which would be detrimental to UK, undermining the UK’s competitiveness and our attractiveness as a place to do business.

“I have a number of concerns about supporting the CCC’s recommended level at this time.

“It is important that we strike the right balance between our pursuit to decarbonise the UK economy whilst ensuring that UK economic growth and employment is sustained.”