Environmental analysts are less than impressed with the green credentials of the government's emergency budget statement in the House of Commons today.

Friends of the Earth have called on the new government to take urgent action to create a low carbon-economy. They said it should be a key priority for the coalition.

As the Chancellor of the Exchequer prepares to deliver his budget today, he has been urged to lay “the foundations of a green future” by the campaigning group Friends of the Earth.

Dumping the world’s only legal agreement on fighting climate change would be gambling with the future of the planet and the world’s poorest people, four major campaign groups are warning.