Posts tagged The Guardian

Green Energy Will Support Economic Growth in Britain

Former Energy Secretary Chris Huhne wrote in the Guardian newspaper yesterday that Britain has to stimulate future economic growth by investing in the renewable energy sector.

Economic recovery from double dip recession will work only if the government pursue ‘green growth’ because energy saving is a win-win situation for both businesses and households, the Former Cabinet Minister stated.

Mr Huhne is confident that green growth is sustainable because it has the potential for creating new jobs, cutting energy bills and increasing spending incomes of households. He also encouraged more vigorous debate on the wider agenda for natural resources and energy efficiency.

Mr Huhne said “Much of our economic debate implies we must choose between going green or going for growth. That view may be the opposite of the truth. There is now hard evidence that the real choice is between green growth or no growth at all.”

Although the Former Liberal Democrat Minister didn’t criticise the government and declined to name those who are portraying green policies as a barrier to growth.  Some senior Liberal Democrats in the coalition government have previously complained that Tory MPs have been obstructing green policies relating to energy efficiency.

What is your reaction to the article by former Energy Secretary Chris Huhne? Do you share his opinion that investing more in energy projects will boost the UK economy? Let us know by leaving a comment below:  

Business Leaders United for Infrastructure Projects in Britain

More than 100 business leaders, economists and MPs from all parties are pressing the government for more investment in infrastructure projects which will create hundreds of thousands jobs in the construction sector.

Letters to national newspapers, including the Daily Telegraph, The Guardian and The Financial Times, call for a £17bn investment in High Speed 2 (HS2) between London and Birmingham which will create one million long-term British jobs.

A letter to the Daily Telegraph, which was signed by more than 100 business leader, states “We call on the government to approve plans for HS2 and to push ahead with its construction as soon as possible”.

The signatories come from a wide range of business interests including the likes of Simon Carr of Henry Boot, Naomi Connell of VolkerWessels, Paul Cook of Galliford Try, Chris Webster of Miller Construction and John Wood of Tolent Construction.

A letter in the Financial Times goes on to suggest that if Britain does not invest more into the infrastructure it will be left behind from other European countries.   The letter states: “The absence of a high-speed rail line connecting the north of England to London and the rest of the European Union is a continuous embarrassment to British businesses promoting UK plc overseas.”

The letter suggests that a high-speed rail, along with other major infrastructure projects in Britain, is crucial for giving confidence to businesses and stimulating economic growth in time of recession. It says: “Economic studies show that effective modes of transport, including high-speed rail, enable entrepreneurs to get their goods and services to market in a secure and timely manner and facilitate the movement of workers to the most suitable jobs.”

The group of businesses and economists urging the government to approve the rail link argue that it would be a boost for business, especially across the north of England, and will create jobs and ease transport overcrowding.

What is your reaction to business leaders pushing the government to approve plans for HS2 and its construction? Do you welcome the HS2 as an opportunity for you and your business? Share your thoughts with us by commenting below:

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