Posts Tagged ‘growth’

UK Green Jobs While US Flags

Nelson: So why the disparity? Can you spot the difference?  Read on and tell me what you think the cause is.

Britain’s coalition government has put shrinking the deficit atop its list of priorities, and even supporters or Prime Minister David Cameron’s austerity agenda have acknowledged it has yielded painfully slow growth. But on renewables? The U.K. says the private sector is powering ahead there.

The government said companies announced investments totaling £2.5 billion ($3.9 billion) in clean energy projects from April 1 through Nov. 16, 2011. The Department of Energy & Climate Change said these investments, sprinkled throughout the country [PDF], had the potential to create some 12,000 jobs and “revealed more evidence of the economic benefits of renewable energy.” The government also said the investments would help it stay on track in reaching its European Union commitment of producing 15 percent of its energy from renewable energy sources by 2020.

UK renewables

image via Wikimedia Commons

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