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Mark Kenber comments on UK Budget: Green economy is the unsung hero keeping Britain moving

Date
19 March 2014
Mark Kenber comments on UK Budget: Green economy is the unsung hero keeping Britain moving

LONDON: Today the UK Chancellor of the Exchequer George Osborne delivered his Budget statement to the House of Commons.

Mark Kenber, CEO of The Climate Group, comments on today’s Budget:

“This year’s Budget, the final one before the General Election, was the Chancellor’s opportunity to fulfil the Prime Minister’s promise of being “the greenest government ever”. While there were some green shoots of promise, we are left waiting yet again by this government for the hard facts that will accelerate the UK’s transition to a low carbon, high growth economy.

“The Chancellor made a commitment to “access every drop of oil we can” in the North Sea. We must see this same, if not greater, level of commitment from the government towards building a resilient renewable energy sector. There is the very real opportunity for the UK to cement its position as a global leader in renewable energy - our renewable energy capacity is only at 4.2%, and we are dwarfed by our European neighbours and only just greater than Malta and Luxembourg. We need to attract investors to our shores, protect the UK’s energy security and add to the 18,000 people already employed full time in the wind, wave and tidal energy sectors. To do this we must send a clear message to the world that the UK is open for business with a trained workforce and a government fully committed to a low carbon future.

“The Chancellor wants to see ‘made in Britain’ stamped on products across the world. So do we. I want to see these three words on solar panels, smart grids, LED lighting, wind turbines and the next new low carbon breakthrough. The current figures show the UK green economy growing at 5% per annum. It is the unsung hero keeping Britain’s economy moving. We know that the businesses we work with are ready, and we’re ready to work with this government to make it happen.”

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