"The CBI's report is a very good piece of work," said Steve Holliday, the National Grid chief executive. "There is no difference in the cost of implementing its model, but its carbon reduction is greater and there's a better energy mix."
That comes from the Telegraph, reporting on a report issued by the Confederation of British Industries (CBI), which looks to us like that country’s version of the U.S. Chamber of Commerce. (And what would that energy mix be?
The study calls for the Government to change the energy mix within the next 12-15 months. Its suggestions include raising nuclear spend by £15bn and carbon capture by £7bn, while cutting investment in expensive gas projects by £11bn and wind by £12bn.
And what would those savings be?
The business lobby group argues that this alternative path will lead to an 83pc reduction in carbon emissions compared with a projected drop under the Government's plans of just 64pc by 2030.
We’ll have to see what the British report on renewables looks like – this seems a warning shot across its bow. Read the Telegraphs write up and then download CBI’s report to see what’s what. (Firefox didn’t like the link to the report, so we’ve taken you to the top page for reports. Try after they’ve fixed the link.)
This is Sizewell B, Britain’s largest nuclear plant. Looks like Klaatu should be emerging from the containment unit.
This is how CBI describes itself: The CBI is the UK's top business lobby organisation. Our specialist services and unmatched influence with government, policymakers, legislators, and unions mean we can get the best deal for business at home and abroad. [Always consider the source of your information, in other words.]
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