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16.03.2012

Business leaders call for green investment focus within the budget

<www.kms.ee> 
  In an open letter signed by 11 members of the Prince of Wales's Corporate Leaders on Climate Change group, companies such as Shell, Tesco and Unilever all urged the government to increase support for a green economy.

Among the suggestions made by the consortium are a strengthening of the EU emissions trading scheme and the provision of more details on financing for carbon capture and storage.

A segment of the letter reads: "We recognise key opportunities in ensuring the UK has the skills, technologies and investment framework to build future low-carbon growth.

"We look to you and your government to keep your promises in this area and capitalise on the real opportunities offered for green growth and sustainable development."

The group have also called for the replacing of the Carbon Reduction Commitment scheme with a simpler carbon tax.

 
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