British firms say carbon commitment is a curb too many

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The survey shows that seven out of 10 intensive energy users questioned said they believed the scheme would make the UK uncompetitive, almost two-thirds reckoned the costs outweighed the benefits and less than half expected it to reach its target of cutting carbon dioxide emissions by 1.2m tonnes a year by 2020.

Three-quarters said the combined pressures of the UK scheme, the climate change levy and the European Union's emissions trading scheme will place an "undue burden" on business. But 88% supported the government's commitment to carbon dioxide reduction.