Sir, In 2009 we face two key challenges: economic recovery and climate change. We can and must tackle both together. The UK must move to a low-carbon economy: not just to secure an ambitious climate change deal at the UN climate conference in Copenhagen in December (COP15) but also to build a modern and sustainable economy that will secure Britain’s competitiveness and future prosperity.
We are seeing many of the large economies implementing stimulus packages that include a significant percentage of low-carbon investment (for example, Korea 69 per cent, China 34 per cent, Germany 19 per cent and the US 16 per cent), but the UK’s package currently contains only 7 per cent. We risk being left behind.
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