Britain must shift from 'climate first, climate only' approach or risk falling behind, Tony Blair think tank says
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Britain must shift from 'climate first, climate only' approach or risk falling behind, Tony Blair think tank says.
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The UK and Europe must shift from a "climate first, climate only" approach to energy or risk falling behind global competitors, Sir Tony Blair's think tank says.
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The former PM argues that, while decarbonisation is essential, "the global centre of gravity has shifted" and the "overriding priority" must be that energy supply keeps pace with demand.
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The European approach of treating energy as "primarily an environmental and carbon-reduction project" has led to costs that are up to three times higher than competitors, Mr Blair's think tank warned, "leaving energy security exposed and citizens paying the price".
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It means European nations are at risk of being left behind by China and America.
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