Peat – An extract from the Chancellor of the Exchequer speech

An extract from the Chancellor of the Exchequer speech at the Conservative Party Conference. Wonder if The Rt Hon Mrs Spelman was listening re the Defra peat policy .
 “Now we know that a decade of environmental laws and regulations are piling costs on the energy bills of households and companies.
Yes, climate change is a man made disaster. 
Yes, we need international agreement to stop it.
Yes, we must have investment in greener energy. And that’s why I gave the go ahead to the world’s first Green Investment Bank.
But Britain makes up less than 2% of the world’s carbon emissions to China and America’s 40%. 
We’re not going to save the planet by putting our country out of business.
So let’s at the very least resolve that we’re going to cut our carbon emissions no slower but also no faster than our fellow countries in Europe.
That’s what I’ve insisted on in the recent carbon budget.”