Time to get smart. That's the message to politicians from the CBI in its latest report linking economic growth and low carbon energy. The so-called 'choice' between going green or going for growth is a false one, says CBI Director General John Cridland - in reality, he says, with the right policies in place, green business will be a major pillar of the UK's future growth.
This latest research by the CBI suggests that the UK has the ability to become a global front-runner in low carbon products and services - and it could be adding £20 billion extra in annual GDP by 2015. But the organisation warns that the Government needs to take the right action to grasp this potential and avoid damaging the competitiveness of key industries.
"The UK has made a great start tapping into green economic opportunities, but mixed signals from the Government are setting the UK back," said Cridland. "If we can't be sure that the policies of today will still be the policies of tomorrow, we simply won't build business and consumer confidence or secure the investment we need. Good green policy has to be good industrial policy too. We should work out where we can be world leaders and focus on building our competitiveness and getting into those supply chains."
The full CBI report 'The Colour of Growth: Maximising the Potential of Green Business' (3,137kb) can be downloaded here.
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VEHICLES & TRANSPORT
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ENERGY PROCUREMENT & MANAGEMENT
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FUNDING & FINANCE
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LEGISLATION, REGULATION & STANDARDS
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