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Manufacturers urge rethink on carbon reduction policy

15 February 2011
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Manufacturers urge rethink on carbon reduction policyThe body representing manufacturers in the UK has called on the government to rethink the introduction of a carbon price, claiming it will deter investment in the long run.

According to the EEF, such a move would increase the burden companies already have to deal with and warned that there is a limit to what industry is prepared to accept.

It made the claims following the Treasury's Carbon Price Floor plan and David Ost, regional director at the EEF, said that there are already a number of emissions reduction initiatives in place and that adding more will hurt businesses who already looking at ways of improving manufacturing processes.

"Industry accepts that addressing climate change comes with a price tag but we are rapidly reaching a tipping point where companies who are internationally mobile will say enough is enough," Mr Ost stated.

Terry Scuoler, chief executive of the representative body, recently expressed his dismay at the lending targets agreed with banks, claiming that they do not go far enough to support organisations in these austere times.
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