IEMA has expressed its disappointment at the lack of environment and sustainability measures announced in the budget delivered by the chancellor, George Osborne, on 8 July.
The institute’s policy and practice lead, Nick Blyth, said: “IEMA supports the clear commitment from the UK government to push for a global climate deal that keeps the goal of limiting global warming to 2ºC firmly within reach.
"However, in other respects this is far from a green budget and we have concerns over the government’s commitment to the green economy. The chancellor’s clear statement that the government will not extend the coalition government’s commitment to increasing the proportion of revenue from environmental taxes to this parliament is a retrograde move.
“The announcement that the government will review the business energy efficiency tax and carbon reporting landscape and consider approaches to simplify and improve the effectiveness of the regime is welcome. The majority of IEMA members believe there is a need for the government to rationalise the number of energy and carbon schemes affecting the very largest organisations and we look forward to the autumn consultation.”