Three party leaders confirm their commitment to act on climate change. However, their statement appears to concede that it might not be in Britain’s economic interest to act alone on emissions.
Coal-fired power plants will be shut down and Britain will bind itself to tough new targets for cutting emissions, according to a joint statement signed by David Cameron, Nick Clegg and Ed Miliband.
The three party leaders took the unusual step of jointly confirming their commitment to act on climate change, which they describe as “not just a threat to the environment, but also to our national and global security, to poverty eradication and economic prosperity”. […]
The three leaders did not give a date by which coal, which generated more than a third of Britain’s electricity in 2013, would be phased out.
They committed to “work together, across party lines, to agree carbon budgets in accordance with the Climate Change Act”. […]
The statement appears to concede that it might not be in Britain’s economic interest to act alone on emissions. It says: “It is in our national interest to act and to ensure that others act with us.”
The leaders call for a “fair, strong, legally binding, global climate deal” to be signed at a UN climate change summit in Paris in December.