Thu, 29 Dec 2011
Liberal Democrat Energy and Climate Change Secretary Chris Huhne today revealed more evidence of the economic benefits of renewable energy as he reaffirmed the Coalition’s commitment to meeting EU renewable energy targets. This came as the UK published an update on progress to source 15% of all energy from renewable sources by 2020.
Latest research from the Department for Energy and Climate Change (DECC) shows that so far this financial year companies have announced plans for almost £2.5bn of investment in renewable energy projects in the UK, with the potential to create almost 12,000 jobs across the country.
A separate report to the European Commission on renewable energy progress that showed that the UK:
“Renewable energy is not just helping us increase our energy security and reduce our emissions. It is supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again.
“Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment.For more information, visit the DECC website here.
“I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”