New analysis published today by the independent Committee on Climate Change shows that every family in Britain could save at least £1,131 and as much as £4,525 if the government adopted a target to decarbonise the power sector by 2030.
George Osborne has dodged a second bullet in a week. After learning that borrowing had fallen by a modest £300 million on Tuesday compared to last year, today we found out that a triple dip has been averted with meagre growth of 0.3 per cent in the first quarter of the year.
Economic data is coming thick and fast. Sandwiched between last week’s poor unemployment data and Thursday’s forthcoming results for GDP in the first quarter of the year, public finance figures were published today. They show that George Osborne has dodged a bullet.
Around the world, governments are responding to the threat of man-made climate change and exposure to the costs of imported oil and gas by tightening regulations on vehicle emissions. And yet Britain is falling behind.