WIREDGOV

The government's green taxes will spell the end for Britain's chemical industry, which employs 200,000 directly, an additional 400,000 indirectly, and accounts for 15% of UK exports. The sector, much of which is found in North East England, will be the victim of the race to cut emissions by 34% from 1990 levels by 2020: more than any other country's target. Moreover, this approach by the 'greenest government ever', will actually undermine the UK's ability to reduce its greenhouse gas (GHG) emissions and will smother the emerging low-carbon economy at birth.

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