Autumn statement: George Osborne slams ‘costly’ green policies

From The Guardian: George Osborne loosed his most strident rhetoric yet against environmental regulation in his autumn statement, slamming green policies as a “burden” and a “ridiculous cost” to British businesses, in a fillip to the right wing of his party.

In a clear attempt to redirect the coalition’s green policies, the chancellor told parliament: “I am worried about the combined impact of the green policies adopted not just in Britain, but also by the European Union … if we burden [British businesses] with endless social and environmental goals – however worthy in their own right – then not only will we not achieve those goals, but the businesses will fail, jobs will be lost, and our country will be poorer.”

Osborne gave £250m worth of assistance and rebates to the most energy-intensive companies, scrapped a planned rise in fuel duty, announced a massive road-building scheme and hinted at a watering down of regulations to protect British wildlife.

[Read full article on Guardian website…]