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United Kingdom: Lord Stern touts benefits of decarbonisation target ahead of Energy Bill debate

2013-10-28 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Fast-tracking a target to decarbonise the UK's power sector would help avoid a "rapid and expensive transition" towards low carbon energy further down the line that could result in "large-scale scrapping" of fossil fuel power plants, Lord Stern has warned. The noted economist was speaking ahead of today's House of Lords debate on an Energy Bill amendment that would commit the government introduce a 2030 target next year, which he proposed last week along with fellow cross-bench peer, and former...

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