CBI Wants Healthy Green Growth
By Anne Lewis-Schneider
What is needed on the road forward to meeting the targets for low carbon emission output is a greater investment in a diverse variety of green energy sources. Leighton Jennings of CBI in Wales has pointed out that open competition is the way to reach a platform from which to work across the board to make this a reality. Green Energy issues are by no means issues that simply sail on without any hitches as it is a very complex arena that has many levels of impact across the board from government through to consumers. Green energy is needed, of that there is no doubt but it should be launched from a stable platform with openness on all levels, and should be part of Britainís growth as a country as well as for the benefit of the economy.
There are very real political factors that need to be brought into the equation for it to work successfully. It is necessary that a framework be firmly in place for this to succeed and competition needs to be seen as a healthy entity. The British green energy market has continued to grow in spite of a weakened economy and this is promising. The CBI has noted that growth in Britain has been to the tune of £122bn which is a good figure in the global market that stands at about £3.3trn worldwide. The green economy has also shown that it has a niche in the export industry with Britainís trade deficit set to reduce by half by the 2014-2015 financial year.
Many of the EU countries have taken to a industry that has a focus on low carbon emissions. The USA, India and Germany are all contributors to this framework and even China is seen to be progressing with less coal used than wind power over the last year. The green industry will also provide spin-offs in the growth of other fields of industry such as steel and building materials needed to build wind farms, solar energy panels, and the encouragement to change to more energy efficient houses and businesses. A problem however is the trend for an upward increase in pricing over the last ten years and this does not look as if it will change. It is thought that the EU level that will be decided upon and hopefully settled in 2015 will have a stabilising effect on green energy.
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