30 Jun '11, 1pm

UK's Energy Secretary Promises Green Policies Will Boost GDP

UK's Energy Secretary Promises Green Policies Will Boost GDP

Energy and Climate Change Secretary Chris Huhne has delivered a robust defense of the government's low-carbon strategy today, insisting that green policies will help bolster UK GDP, enhance economic competitiveness and protect British firms from future oil shocks. Huhne said at an event in Westminster to mark the launch of a new report from the Corporate Leaders Group on Climate Change which criticizes the pace of the government's green reforms , that the coalition fully understood the economic case for accelerated action to tackle climate change. In a wide-ranging speech, he argued that curbing emissions and getting the UK "off the oil hook" would deliver jobs and growth, establish a more stable economy as energy imports fall, and result in improved living standards. Citing recent research from the German government, Huhne said that the UK would enjoy a 7.3 percent GDP bo...

Full article: http://www.greenbiz.com/news/2011/06/30/uks-energy-secret...

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