Clean Growth Strategy Published by the Goverment
Today the Government has published the Clean Growth Strategy. To view the official document visit the Goverment web page here.
The following article is based on the original statement from Claire Perry, the Minister for Climate Change and Industry. For her full statement visit the clean growth strategy web page here.
The Clean Growth Strategy Main Aims
- Cut emissions
- Keeping costs down
- Creating good jobs
- Growing the economy
The Clean Growth Strategy represents a significant part of the Governments Modern Industrial Strategy and has also been accompanied by several related documents that respond to the Committee on Changes 2017 Progress Report. The Goverment’s responses can be viewed here.
Impact of Clean Growth Strategy
Through the Clean Growth Strategy the Goverment seeks to make a real difference to people’s lives. Benefits including:
- Reducing energy bills
- Improving air quality
- Supporting new technologies
- Boosting earning power in high quality jobs
UK in a position of Strength
The statement goes on to discuss the UK’s position of strength with significant points including:
- Progress towards targets to reduce emissions by at least 80% by 2050 by at least 80%
- Exceeded target emissions of first carbon budget (2008-2012) by 1%
- Second and third budgets: 2013 by almost five percent and 2022 by almost four percent
- The UK is a world leader in cutting emissions while growing the economy
- UK emissions 42% lower in 2016 than in 1990 and 6% below 2015
- UK GPD increased 67% since 1990
- On a per person basis the UK has reduced emissions faster than any other G7 nation
- Low carbon sector employs 230,000 directly and a further 200,000 through supply chains
- The Committee of Climate Change believe their is potential for the low carbon encomy to grow at four times the rate of the rest of the economy (11 per cent growth per year between 2015 and 2030)
The Clean Growth Strategy Policies and Proposals
Policies and proposals within the Clean Growth Strategy encompass the whole economy including business, housing, transport, power, the natural environment and the public sector.
The core of the Goverment’s approach is low carbon innovation with a view to make the largest increase in public spending on UK science, research and innovation in almost 40 years. The Government investment between 2015 and 2021 will be £2.5 billion.
An Important Milestone
The statement considers the Clean Growth Strategy not to be the end of end of the process towards cutting emissions and growing the economy. However, it represents a significant milestone for the UK.
At Insulate Network we are awaiting responses from our partners and industry contacts on the Government’s Clean Growth Strategy and will continue to keep you up to date with these discussions. If you would like to share your companies perspective contact us here.
In the mean time we would love to hear your views on the Clean Growth Strategy announced today by the Government. Join the debate below and leave a comment.