06 Aug '11, 7pm

UK has growing share of green goods and services market: He visited Applied Superconductor Ltd in Blyth, Northum...

The UK is increasing its share of the UK's global environmental goods and services market, government figures show. According to a report from the Department for Business, Innovation and Skills, the UK has a £117 billion share of the £3.2 trillion market. During 2009/10, the UK's market grew 4.3 per cent, equivalent to £4.8 billion. Business secretary Vince Cable took a trip to the north-east to see some of UK's offerings into the low carbon sector. He visited Applied Superconductor Ltd in Blyth, Northumberland, to see a renewable energy device that could save the energy industry over £600 million in reduced capital costs and cut carbon emissions by 37 million tonnes by 2020. "The transition to a green economy presents significant growth opportunities both in the UK and abroad. The UK has the sixth largest low carbon economic goods and services market in the world," Mr Cab...

Full article: http://www.energysavingtrust.org.uk/Resources/Energy-savi...

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