Here at the CBI’s climate change summit, most of the anger towards government has centred on the changes to the carbon reduction commitment (CRC), which has seen money originally earmarked for businesses with good environmental performances going to the Treasury instead. The BBC’s Roger Harrabin summed up the feeling in the room when he described it as the government “nicking your CRC dividend”.
So business leaders are relieved to hear Chris Huhne, the energy secretary, make some concessions today. Read more
The director general of the CBI, the foremost British business lobby group, has been outlining this morning his vision of where the UK business sector is in meeting its climate change commitments.
Speaking at the CBI’s climate change summit in London, Lambert made a fairly downbeat assessment of what has been achieved in the past three years. And he had two simple messages for UK policymakers: be consistent and stop hyping green jobs. Read more
Bob Dudley has been addressing the CBI today, making his first speech outside BP since becoming CEO last month. Read more
The British government has finally announced what we have known for a while: that it will keep in place the £60m of investment pledged by the last government to improve infrastructure for offshore wind. Read more