Huhne claims it’s green growth or no growth for UK economy
Green growth is the key to unlock prosperity in the UK economy.
That’s according to former energy secretary Chris Huhne, cited by greenwisebusiness.co.uk, who suggests that the UK has little option but to go green due to commodity price rises having the potential to stall ‘resource-hungry’ growth.
We must go green?
Whereas some critics imply that the UK can either choose between growth or going green, Huhne argues that the UK actually has the choice between green growth and no growth at all.
“There is a facile view that our green commitments are an obstacle growth,”
claims Huhne, cited by guardian.co.uk.
“The message of the commodity markets is surely different. Resource-hungry growth could rapidly stall due to commodity price rises, simply because so many of us want it. If we want sustainable growth, we do not have a choice. We must go green.”
Energy efficiency: Helping to save homes and businesses on costs
Much of green growth is down to the potential of energy-saving services, like metal cladding for example; helping to save home-owners and businesses on costs, suspects Huhne.
“Energy saving is the win-win: it has the potential for job creation (for example, in household improvements) and it supports growth by cutting bills and boosting spendable income,” he said.
Huhne’s comments come amid concern regarding George Osborne’s cuts in public spending, which critics say are not helping growth.