The UK’s biggest electric utility has announced it will build two new coal stove units in the UK.

The announcement follows the launch of a new £300 million carbon tax in the wake of a landmark climate change summit in Paris.

Harman said the new stoves would help the UK meet its emissions targets and “meet its ambition” to meet its 2020 renewable target of 40% of its energy supply from renewable sources by 2050.

It is also the company’s biggest renewable energy investment in the past decade.

Harman chief executive Keith Miller said the stoves could cut emissions by 20-30% compared with current technology and the new units would also reduce CO2 emissions by more than half.

“It is important to note that the UK is not alone in its efforts to reduce emissions,” Miller said.

There are now more than 100 electric stoves installed in the country, according to the BBC.

However, according, the announcement has not been universally welcomed.

Green Party leader Natalie Bennett said the announcement was a “dramatic setback” for climate change.

She said it “puts all our efforts on hold”, while Labour leader Jeremy Corbyn said it was “completely unacceptable”.

The announcement was made in a press release issued by the UK’s Department for Environment, Food and Rural Affairs.

On Monday, a new round of talks in Paris to negotiate the Paris Agreement’s next generation of climate change targets were set to start.

But Miller said he was “optimistic” that the deal would be struck.

He said the UK has committed to a 30% reduction of emissions by 2050, and he said it would be a “real milestone” to reach a carbon-neutral future.