European Union energy rules are "destroying" British jobs, according to an independent business campaign group.
A report by Business for Britain entitled 'Energy policy and the EU - How a better deal could bring down the cost of energy and save jobs' claims rising energy costs threaten 1.5 million jobs in Britain's energy intensive sector, with 363,000 at high risk.
It states that while the EU is not the only reason energy prices have risen, it has played a "significant and growing role in driving up the cost of energy" and consequently in "reducing Britain's industrial output and in destroying jobs."
EU energy policies account for up to 9% of the cost of energy for the Energy Intensive Industries, according to the paper, and this could rise to just under 16% by 2030.
The study concludes that member states need the power to amend or block EU laws to address these problems.
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