GreenTracker| Experts are saying that Britain may take a disporportionate economic lead in the ‘green revolution’. In the coming days, several strategy papers will explain how emissions will be cut by at least 34 per cent on 1990 levels by 2020 and introduce a ‘Renewable Energy Strategy’ to increase its use to 15 per cent of Britain’s total energy supplies by the same date.
The Brits will also launch a ‘Low Carbon Industrial Strategy’ which will create 400,000 new jobs over eight years. Lord Mandelson, the Business Secretary, believes that the initiative will “transform our whole economy and change our industrial landscape, our supply chain and the way in which we all work and consume”.
Prince Charles will support the initiative in his Dimbleby lecture tomorrow, where he will stress that environmental ‘sustainability’ must be at the heart of economic policy, if the world is to recover from the global recession.