Monday, June 13, 2011

UK business poised to flee green carbon tax

From The GWPF, newsbytes on the subject of UK Businesses Threaten To Flee Abroad To Escape Green Energy Levies

British industry’s ability to compete with companies overseas is under threat from punitive green energy costs, the new president of the CBI has told The Sunday Telegraph. Sir Roger Carr warns in an interview that the Coalition must give “some sort of support” over rising energy costs to UK manufacturers or else risk seeing businesses relocate abroad with the consequential loss of jobs. His comments – ahead of a CBI energy conference on Tuesday – come amid growing concern over the cost of renewable energy subsidies and so-called ‘green stealth taxes’. –The Sunday Telegraph, 12 June 2011

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