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The Government plans to invest £100 billlion over the next twelve years to meet the "immense challenge". Tidal, solar and wind power will all have a part to play in the future. Investment in renewables would bring an improvement in energy security due to more diverse supplies, a reduction in projected energy bills, and the creation of hundreds of thousands of new jobs and business opportunities, the PM said. "And this is the biggest prize of all: the chance to seize the economic future - securing our prosperity as a nation by reaping the benefits of the global transition to a low carbon economy. "For the fact is that, in the 21st century, the global low carbon economy will be a key driver of our economic prosperity." Under today's proposals, the UK will extend and raise the renewable energy to encourage 30-35 per cent of electricity to come from renewable sources by 2020. Achieving this target will mean new kinds of consumer behaviour and lifestyles, and "creativity, innovation and entrepreneurialism" throughout the economy and society, he added. "It is an immense challenge. And all of us - government, business, civil society and individuals - have a part to play." Crown copyright http://www.pm.gov.uk/ http://www.pm.gov.uk/output/Page15847.asp |
