EEF Comment on Committee on Climate Change Report on Energy Prices & Bills

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Commenting on the Committee on Climate Change Report on Energy Prices and Bills, Claire Jakobsson, Head of Climate & Environment Policy at EEF, the manufacturers’ organisation, said:

“Despite attempts to mitigate the costs of high electricity prices in the UK, they remain substantially higher than those faced by our competitors. While the Committee is right to say low-carbon policies may not be the only factor reducing industrial output in some sectors, we believe it is a significant one and one where government can act, especially in respect of unilateral costs which our competitors do not face.

“The anecdotal evidence we receive from companies suggests the impact of climate regulation on where companies make investment decisions should not be underestimated. At the same time, government needs to do more to help UK companies take more advantage of the potential opportunities of a low-carbon economy where these really do exist.”

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