The Aldersgate Group supports the report by the Committee on Climate Change, on meeting carbon budgets and ensuring a low carbon recovery, launched today.
Commenting on the report, Peter Young, Chairman of the Aldersgate Group, said: "We welcome the Committee's headline message that greater urgency is needed to meet carbon budgets. A number of the priorities identified by the Committee are also commitments in the Coalition Agreement, such as electricity market reform and the implementation of a carbon floor price. Prompt action will not only reduce greenhouse gas emissions but will be vital for the economic recovery, boosting growth, jobs and competitiveness.
Peter's comments were quoted in the Guardian and the article can be viewed here.
The Aldersgate Group supports the report by the Green Investment Bank Commission, launched today.
Commenting on the report, Peter Young, Chairman of the Aldersgate Group, said: "The Commission's report is consistent with our own analysis which finds that UK climate targets will not be achieved without robust government intervention. We strongly support the establishment of a Green Investment Bank (GIB) to address market failures and rapidly scale up the delivery of a low carbon economy. If implemented quickly, this has the potential to be one of the cornerstone policies of the new government, leading to a more balanced and prosperous economy which the Chancellor underlined last week.
Today the Aldersgate Group (AG) submitted its response to DECC's consultation on "Meeting the Low Carbon Skills Challenge."
The response welcomed the development of a comprehensive low carbon skills framework but emphasised the need for the government to develop this strategy.
A cross party Early Day Movement (EDM) has been tabled by Martin Horwood MP, Tim Yeo MP and Paul Flynn MP to support the AG's Accelerating the Transition report. It welcomes the cross-party commitment for a rapid transition to a low carbon and resource efficient economy and calls for the report recommendations to be implemented by the new government. The AG will be encouraging MPs to sign the EDM over the next few weeks. A link to the EDM can be found here (number 272).
The Aldersgate Group is delighted to welcome new members: AXA Investment Managers, Herbert Smith LLP, Ownergy, SmartestEnergy and WYG Group.