Building low carbon Britain
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Issued 06 Mar 2009
A new industrial activism was today placed at the heart of the
Government's emerging Low Carbon Industrial Strategy as new figures
showed the UK green goods and services sector is already the 6th
biggest in the world.
Gordon Brown, Peter Mandelson and Ed Miliband were meeting
business leaders at a Low Carbon Industrial Summit in London to map out
the UK's industrial priorities for taking advantage of the new global
low carbon economy - currently estimated to be worth £3 trillion
globally and employing over 880,000 people in the UK.
A pamphlet published today, 'Low Carbon Industrial Strategy: a
Vision', highlights a range of companies in the UK already taking
advantage of low carbon opportunity and sets out the scope and ambition
of the Government's plans. Businesses and others with an interest are
asked for their input through a new interactive website to inform a
final Strategy to be published before the summer.
Business Secretary Peter Mandelson said:
"Low carbon is not a sector of our economy, it is, or will be,
our whole economy, and a global market. Today we are asking what more
needs to be done to ensure these changes benefit the UK economy, and
what needs to be done to equip British companies to compete for low
carbon business in Britain and overseas. A low carbon industrial
strategy must seize the opportunities that will come with change. That
requires a new industrial activism for a new green industrial
Energy and Climate Change Secretary Ed Miliband said:
"Tackling climate change doesn't just make moral sense, it
makes economic sense too.
"The shift to low carbon in the UK, and around the world is
now largely inevitable. What is not inevitable is that Britain benefits
industrially from the transition. We want to mobilise every bit of
expertise and ingenuity that Britain has to offer.
"Moving to a low carbon economy is the way to secure the
economic recovery and growth we need at home and take a lead
internationally to protect the future of the planet."
The Government's Low Carbon Industrial Strategy will aim for
step change in four key areas:
* Energy efficiency to save businesses, consumers and the
public services money
* Putting in place the energy infrastructure for the UK's low
carbon future - in renewables, nuclear, Carbon Capture and Storage and
a 'smart' grid
* Making the UK a global leader in the development and
production of low carbon vehicles
* Ensuring our skills, infrastructure, procurement, research
and development, demonstration and deployment policies make the UK the
best place to locate and develop a low carbon business and make sure
international business recognises that.
New independent research by Innovas is published today. 'Low
Carbon and Environmental Goods and Services: an industry analysis'
* The UK is already the 6th largest low carbon and
environmental goods and services (LCEGS) economy.
* In 2007/8 it was worth £107 billion to the UK economy, and
could grow by another £45billion over the next decade.
* There are already over 880,000 jobs in the Low Carbon
Environmental Goods and Services sector when the supply chain is
included. If employment grows at projected rates, an additional 400,000
jobs could be created in the next decade.
* Just under one third (31%) of overall activity is in
* The global market for the low carbon and environmental goods
and services sector is estimated to be worth £3 trillion.
1. The summit was attended by 200 people from government,
business, trade unions, industry bodies and environmental groups.
2. 'Low Carbon Industrial Strategy: a Vision' is published
today on a new interactive website for direct and ongoing engagement
with business http://www.hmg.gov.uk/lowcarbon.
3. New research 'Low Carbon and Environmental Goods and
Services: an industry analysis' by Innovas is published http://www.berr.gov.uk/lowcarbon
About the Author
© Crown Copyright.
from the BERR-
Department for Business, Enterprise and Regulatory Reform replacing DTI
- Department for Trade and Industry. Reproduced under the terms and
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Article Published/Sorted/Amended on Scopulus 2009-03-07 13:04:05 in Economic Articles