INSTANT VIEW - Britain maps out greener future
LONDON (Reuters) - The global market for low carbon goods and services could grow by a third in six years and may expand even faster if a climate change deal is reached in Copenhagen later this year, the UK government said Wednesday.
Energy and Climate Secretary published a "route map" for British emissions cuts of 34 percent by 2020 from 1990 levels and at least 80 percent by 2050.
The following are views on the government's strategy:
STEVE HOLIDAY, NATIONAL GRID CHIEF EXECUTIVE:
"It's now critical to get action on delivering what's needed to turn that vision into reality. The challenge of ensuring security of supply and fighting climate change is one we cannot afford to fail."
"Crucially, planning reform must be implemented without delay -- where major infrastructure investments are concerned, dates like 2020 are only the blink of an eye away and the clock is ticking."
KEITH ALLOTT, HEAD OF CLIMATE CHANGE AT WWF:
"It's great that the Government is now taking steps to ramp up delivery of clean, renewable energy within the UK...An efficient, green energy future will create jobs and new industries, and massively reduce our reliance on costly and volatile fossil fuel imports." "(But) unfortunately, the government has failed to provide the incentives that will make investors turn away from traditional power sources like unabated coal and move towards low carbon, green energy."
JAMES CLOSE, ERNST & YOUNG PARTNER, GOVERNMENT SERVICES: Continued...
Darling to cut GDP forecast
Chancellor Alistair Darling will downgrade the 2009 economic outlook when he presents his pre-budget report next month but still point to growth resuming at the turn of the year. Full Article



