Ed Davey responds to Owen Paterson's calls to scrap the Climate Change Act

October 13, 2014 8:40 AM
Originally published by UK Liberal Democrats

Responding to former environment secretary Owen Paterson's calls to suspend and then scrap the Climate Change Act, Liberal Democrat Secretary of State for Energy and Climate Change, Ed Davey said:

"The overwhelming majority of scientists agree that climate change exists while most leading British businesses and City investment funds agree with the Coalition that taking out an 'insurance policy' now will protect the UK against astronomical future costs caused by a changing climate.

"Indeed, the majority of European countries have now come around to the UK's way of thinking and are ready to implement proposals that would see other European countries adopt targets similar to our Climate Change Act in a deal the Prime Minister should seal later this month.

"With the USA, China and India also now taking the climate change threat seriously and investing in low carbon energy, the global marketplace for green technology Britain is increasingly strong in, should balloon over the next decade so ripping up the Climate Change Act would be one of the most stupid economic decisions imaginable."