Prime Minister Tony Blair opened the door to a new generation of nuclear power stations for Britain this week, as he unveiled the details of the Government's latest energy review.
Energy giant BP has announced plans to set up the world's biggest low-carbon power business, which it believes will bring multi-billion pound profits within the next ten years.
Government has indicated that keeping the engines of industry ticking over this winter must take priority over environmental concerns.
Long-term certainty and predictability, particularly over allocation of allowances, are the most important factors for business when considering emissions trading.
A detailed report looking at the state of the environment in Europe over the past five years shows that progress has been made in many areas but the continued threat of climate change overshadows the success stories.
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