UK Glass Companies Face Serious Risks as a Result of Rising Energy Costs

UK companies producing steel, cement, ceramics, glass, aluminium and chemicals are vital to the UK economy, but face serious risks as a result of rising energy costs, says a new study published by the Trades Union Congress (TUC) and the Energy Intensive Users Group (EIUG). Technology Innovation for Energy Intensive Industry in the United Kingdom – prepared for the two organisations by the Centre for Low Carbon Futures – says that these energy intensive companies must innovate to survive and calls on the government to make sure there is a place for them in its plans for the low-carbon economy of the future. According to the report, in order for these industries to remain part of the UK’s economic future, there must be a much stronger government policy focus on low-carbon manufacturing, as well as on moves to limit the carbon emissions produced by the power sector. Jeremy Nicholson, Director of the EIUG said: "This report highlights promising means by which energy intensive industries could reduce their carbon emissions, provided appropriate policies are put in place. It is time the government examined how revenue from green taxes could support British industry in the demonstration and development of these globally important decarbonisation technologies." Source: glass-international.com