Industry the key to emission cuts

By Fiona Harvey
Published: October 7 2008 03:00

Businesses will have to play the leading role in cutting the UK's greenhouse gas emissions by 80 per cent by 2050, if the government accepts recommendations from its Climate Change Committee. The committee, chaired by Lord Adair Turner, will advise the government today that it would be possible to cut emissions by 80 per cent by mid-century at a cost of only about 1 to 2 per cent of GDP. Lord Turner said the cost was the equivalent of sacrificing six months' to a year's economic growth between now and 2050.
Fiona Harvey
Copyright The Financial Times Limited 2008