Posts Tagged ‘uk’
This is the subject of an interesting conference that finished in London last week. There have been some very thought provoking discussions going on and it strikes me again that the public debate in the UK is much more progressive then here in Australia. For example, here is Terry Leahy, the CEO of Tesco, talking about the importance of consumers in the transition to a low-carbon economy:
The UK Chancellor Alistair Darling announced last week the world’s first carbon budget - pledging to slash UK emissions 34 per cent on 1990 levels by 2020 and announcing billions of pounds in fresh clean-tech investment to help ensure the new target is met.
Investment commitments include a new £750m fund for emerging technologies such as clean tech, £405m specifically for green manufacturing, an additional £435m for building energy efficiency initiatives, and £260m for skills development in industries with “strong future demand”. Darling added that £4bn in low carbon investment would also be provided by the European Investment Bank.
