Press release
CBI call for Govt to back green economy is on the money
5 July 2012
Commenting on today's Confederation of British Industry report 'The Colour of Growth', which highlights the huge financial benefits of developing a green economy, Friends of the Earth's Economics Campaigner David Powell said:
"The CBI is bang on the money - developing a green economy is crucial for getting the UK out of the red.
"Despite patchy Government backing and an unenthusiastic Chancellor, the UK's low-carbon sector has tip-toed into life - but it desperately needs the oxygen of Government support to enable it to flourish.
"The Government must clearly commit to a strong green economy to boost investor confidence, creating new jobs and business opportunities in the process.
"Ministers should start by ensuring the Energy Bill leads to a fossil-fuel free electricity system by 2030 and a huge increase in clean British energy - and freeing the Green Investment Bank from Treasury clutches."
ENDS
Notes to editors:
1. Green or growth is a 'false choice' - CBI chief.
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Published by Friends of the Earth Trust
Last modified: Jul 2012
