Liberal Democrats in Business

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Green Action Is Win-Win For Business and The Environment

12.00.00am BST (GMT +0100) Fri 27th May 2005

Norman Baker MP, Liberal Democrat Shadow DEFRA Secretary, responding to a letter to the Prime Minister from a group of Britain's leading industrialists demanding long-term policies to combat climate change, said:

"This letter is a welcome move. The Prime Minister has said that climate change is the biggest threat faced by the world, but measures to tackle it did not feature in his election campaign or in the subsequent Queen's Speech.

"The cost of environmental damage and inaction to the economy in 2004 was a massive £67 billion. Responsible environmental action is ultimately economically sensible."

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