Rising energy costs are crippling British industry

20-04-06

Spiralling energy costs are crippling British industry and threatening thousands of jobs, a senior union leader was due to warn at a conference in Edinburgh.
Derek Simpson, general secretary of Amicus, was expected to call on the Government to give a clear indication of its policy following the completion of its energy review. He was due to tell the conference the environment would continue to suffer without a long-term policy which included a mix of nuclear power and clean coal technology.

Mr Simpson was expected to warn that energy costs are overtaking globalisation as a factor leading to job losses in manufacturing.
"Without clarity, industry will continue to be crippled due to increasing energy prices and the reality of climate change cannot be ignored. A clear energy policy is crucial to safeguard the UK's wellbeing and ensure security of supply. The Government must urgently give a clear indication of its energy policy following the completion of the energy review. British industry needs certainty. Thousands of jobs depend on it."

Mr Simpson will use the example of Nissan's Sunderland plant.
Three years ago, the cost of electricity was £ 6 mm while this year, he claims it will be £ 17 mm.
 

 

Source: AP