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Climate Change
Last week will
be remembered as the week that the British Government showed real
leadership in the two most pressing issues facing the world
today.
Firstly, Gordon
Brown’s banking rescue package has saved our economy from disaster
and provided a template for Governmental action across the world.
The British plan is widely acclaimed and shows the value of having
a man with the knowledge and experience of Gordon Brown as Prime
Minister.
The second
example came with the announcement that the Government is going to
further strengthen its Climate Change Bill. Ed Miliband MP,
Secretary of State at the newly created Department for Energy and
Climate Change, announced that the Government is to raise its
target for reducing carbon emissions from a 60% to an 80% cut by
2050. This followed the recommendations of the Committee on
Climate Change which had called for such a cut. Crucially, this
target will include emissions from shipping and aviation, once
agreement is reached on how best to calculate such emissions. For
example how do you calculate what country is responsible for
emissions from a plane which leaves London for Singapore by a
third country’s national airline stopping at Dubai for fuel?.
Aviation and shipping are the fastest growing source of carbon
emissions so the sooner agreement is reached the better. The
third crucial element of the announcement was that the Government
is to introduce feed-in tariffs in the energy market. Put simply,
feed-in tariffs encourage people to install small scale
micro-generation facilities to power their home (solar panels for
example) and any excess electricity can be sold back to the grid
at a guaranteed high price. The potential for such a scheme can
be seen in Germany where feed-in tariffs have bought about a
revolution in small scale renewable electricity generation. Such
incentives encourage people to install renewable energy sources,
guarantees them a rate of sale and reduces our dependence on
fossil fuels.
These measures
are challenging but, such is the threat posed by climate change,
are absolutely necessary. The investment needed to achieve the
targets will be substantial but so are the opportunities. A so
called green-collar revolution in the job market could lead to
thousands of new jobs in the environmental technologies sector and
I know that our regional minister is determined that the West
Midlands play a lead role in this. Just as North Staffordshire
benefited greatly from the industrial revolution so too can it
benefit from a green revolution. Such is the scale of the
environmental threat it is vital that we do so. |