Tomorrow’s Queen’s Speech is an ideal opportunity for the new government to affirm the increasing importance of the low carbon economy in the UK and make a clear commitment to support its continued growth.
With the UK’s low carbon economy having seen its turnover grow by almost 25% from 2010 to 2013 and reaching £122bn in 2013, the Aldersgate Group urges the government to recognise the importance of the sector and make a clear commitment in the Queen’s Speech to support its future development.
Nick Molho, Executive Director of the Aldersgate Group said: “From low emissions vehicles and waste processing to energy efficiency and low carbon electricity, the UK’s low carbon sector has grown rapidly in recent years but its future growth requires clear signals from the government that it is committed to continuing the UK’s transition towards a resource efficient and low carbon economy.”
Nick Molho added: “Important decisions will need to be made in the coming year on the future of the UK’s energy efficiency policies, the finance available in the levy control framework to support the continued deployment of clean energy technologies and how the UK intends to put the Natural Capital Committee’s recommendations into practice. A clear signal in the Queen’s Speech highlighting the government’s intention to make rapid and supportive decisions in these areas would be positively received by developers and the supply chain alike and have positive knock-on effects on the economy.”