Posts tagged Qatar

Davey calls for clean development at the United Nations

Speaking in advance of the United Nations Climate Change Conference in Doha, Edward Davey said urgent actions need to be taken to combat climate change and help the green economy.

The Energy and Climate Change Secretary said that countries around the world had to make their contribution to reach closer to the implementation of the Kyoto Protocol, the Bali Action Plan, and the Cancun Agreements.

Last year, the UN agreed to adopt a universal legal agreement on climate change no later than 2015.

That would mean that each country has to cut its carbon emissions and focus on renewable energy resources, boosting the green economy and creating new jobs.

Energy Secretary Edward Davey said: “A global effort is needed if we are to achieve our climate goals – we need to pave the way for the new global deal while delivering more action now.

“Many developed and developing countries have already come forward with pledges under the UN framework to reduce their emissions by 2020. I want to encourage more to do so at Doha and beyond.

“The EU has led the way in calling for more ambition and in enshrining emissions reductions in law. I want to encourage it to move to a more ambitious 2020 emissions reduction target of 30%.

“Here in the UK we are driving forward our plans to move to a lower-carbon energy mix, and this week we will be publishing the Energy Bill which will enable this.

“I also want to see progress at Doha on achieving the global deal that all countries agreed to work towards in Durban last year. For the first time all countries agreed to sign up to a legally-binding deal to be adopted by 2015, and at Doha we need to agree a plan for these crucial negotiations.”

Cameron says dive in for £30bn jobs boost on the Severn

Thousands of new trade jobs could be created as the Prime Minister, David Cameron, encouraged officials to reconsider plans to build a £30 billion barrage across the Severn estuary between England and Wales.

After a meeting with Peter Hain, who left his post as shadow Welsh Secretary in 2010 to back the project, David Cameron has asked ministers to take another look at the multi-million scheme which will create 20, 000 construction jobs and diversify the country’s energy supply.

It has been estimated that the 10-mile barrage from the Vale of Glamorgan to Somerset would provide 5% of the UK’s electricity demand, creating tens of thousands of additional jobs in activity around the barrage.

Hain told BBC Wales that it was a “more productive meeting than might have been expected”, revealing that “Number 10 are taking the barrage much more seriously than has been the case over the last few years”.

It is understood that much of the funding for the scheme would come from global private investors and taxpayers’ money will not be spent. According to Mr Hain, ‘several’ sovereign wealth funds have already come forward to finance the project, including investors from Kuwait and Qatar.

Mr Hain said: “Government support is an absolute pre-requisite for getting the whole project underway.

“Not a penny of taxpayers’ money would be needed for this £30bn investment, which would be transformative for Wales.

“It would create 20,000 jobs in construction and another 30,000 in activity around the barrage.”

What is your reaction to the Prime Minister’s support to urge ministers to reconsider building plans for the £30 billion barrage that will create thousands of new jobs? Share your thoughts by commenting here or raising your voice on our Facebookand Twitterpage.

The Olympic Venue is an Excellent Showcase for British Construction Industry

As London is about to host the 2012 Olympic Games next month, the UK’s construction sector could benefit from this summer’s excellent completion of the Olympic venue and one of the greatest showcases on the Earth to bid for major international project in the future.

The opening of the Olympic Games will signal to the world, and future host cities of sport events, Britain’s success in delivering seven billion pound worth of Olympic infrastructure on time and budget.

John Armitt, chairman of the Olympic Delivery Authority (ODA) explained the success of London 2012 will reinforce Britain’s building construction credentials in overseas markets.

Mr Armitt also commented that the Olympics are an opportunity to build Britain’s self-confidence as a country. British businesses and trade professional could benefit from major projects in some of the world fastest growing economy, including Qatar.

Over the next decade the Gulf state will develop US $140 billion worth of major projects in preparation for the 2022 FIFA World Cup. British companies will be able to benefit from these commercial opportunities and pursue the investment potential which their businesses need.

Do you agree the building construction industry will benefit from the Olympic legacy and widen its international operations? Share your thoughts by commenting here or raising your voice in our Facebook page.

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