CBI Misses Point: Energy Efficiency = Competitive Advantage

CBI Misses Point: Energy Efficiency = Competitive Advantage

Posted on 13. Jan, 2010 by Ross in Government Policy, Industry News, United Kingdom

The UK is only on track to meet its self-imposed carbon reduction targets because of the current recession, leading the Confederation of British Industry (CBI) to issue a stark and misguided choice in the aftermath of the failed Copenhagen conference: maintain competitive advantages or chase carbon targets.

The UK economy has suffered its longest recession on record, with a 6% economic contraction leading to a 2% carbon emissions reduction in 2008, the most recent year for which data are available. The Environmental Audit Committee, in a report published yesterday, said Britain should accelerate efforts to reach an international agreement on reducing carbon emissions and ensure that they peak globally

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One Comment

Phill

18. Jan, 2010

There’s absolutely no doubt that improving energy management, through hardware improvements, replacements or through adopting better management practise, delivers accountable, sustainable cost savings that translate to bottom line profitability. It’s important to recognise the long-term benefits of a managed approach to energy use.

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