12 Oct HMG Clean Growth Strategy is published
An ambitious strategy setting out how the UK is leading the world in cutting carbon emissions to combat climate change while driving economic growth was published 12 October 2017 by Business and Energy Secretary Greg Clark. ‘The Clean Growth Strategy: Leading the way to a low carbon future’ builds on the UK’s strong progress to date. Carbon emissions in the UK have fallen and national income risen faster and further than any other nation in the G7 – since 1990, emissions are down by 42% while the economy has grown by 67%. The government’s strategy sets out how the whole country can benefit from low carbon economic opportunities through the creation of new technologies and new businesses, which creates jobs and prosperity across the UK, while meeting our ambitious national targets to tackle climate change.
Business and Energy Secretary Greg Clark said: This government has put clean growth at the heart of its Industrial Strategy to increase productivity, boost people’s earning power and ensure Britain continues to lead the world in efforts to tackle climate change.
The Strategy outlines how over £2.5 billion will be invested to support low carbon innovation from 2015 to 2021, as part of the largest increase in public spending on science, research and innovation in over three decades. This funding covers programmes delivering low carbon energy, transport, agriculture and waste. There are already more than 430,000 jobs in low carbon businesses and their supply chains. Today’s policies will provide further opportunities right across the country for more jobs, higher earning power and increased productivity. The low carbon economy could grow 11% per year between 2015 and 2030 – faster than the rest of the economy.