The dash for gas was purely due to a very localised short term gas price advantage over other fuel sources. The CO2 released was of absolutely no concern to any power producer and would have realistically formed no part in a decision to invest as there were no economic advantages in doing so (any incentives to go down this route have only emerged around 3 years ago) The UK's earliest combined cycle gas fired station commenced generation some 10 years earlier in late
1992.Yes, in most cases they are much more efficient than 60's and 70's generation coal and oil fired stations leading to a lower release of CO2, but gas is a clean fuel that can be burnt far more efficiently in homes, commercial properties and by industry to directly provide heat (increasing effective utilisation of that resource by around 50%)
Using it for electricity generation, particularly when it was abundantly clear that the rate of consumption greatly exceeded the rate of getting new sources into production was always going to be very short sighted, but with no one keeping overall control, as long as the revenues from the taxes associated with abstraction were flowing no one really cared in government what the hell was going on, I think the words commonly used by the clueless are "The market will decide" Unfortunately that, combined with the short term export market that made some people very rich is now coming back to bite us in a big way.
Calling gas "a better option" is always going to be an extremely foolish statement as far as electricity generation is concerned (unless of course you live in somewhere like Siberia, Algeria or Libya)