Tenfold renewables increase to propel UK towards low carbon future
18 August 2008
A national renewable energy blueprint designed to slash carbon emissions dramatically, reduce the UK's dependency on oil and gas and claim a valuable share of global green business opportunity was set out by Business Secretary John Hutton today.
Tenfold renewables increase to propel UK toward low carbon future
Mr Hutton outlined proposals to enable the UK to meet its proposed 15% renewable energy target by 2020, an increase of 1,000% on current levels. This is likely to include up to a third of electricity coming from renewables as well as significant increases in the use of renewable forms of heat and transport fuels.
Speaking alongside the Prime Minister at the Government's Low Carbon Economy Summit on London's South Bank, Mr Hutton said:
"We are opening a new chapter in Britain's history as a nation of enterprise and innovation, moving from the old, carbon intensive economy of the industrial revolution to the new low carbon technologies of the 21st century.
"This vast expansion of renewable energy marks an important moment in this journey and, alongside our plans for new nuclear and clean coal, will play a crucial role in tackling climate change and reducing our dependency on oil and gas.
"We must make the most rapid progress possible to becoming a cleaner, greener economy and we will strive to make these changes in the most effective way possible, with the least cost to consumers.
"We will also maximise the economic benefit for the UK by creating a new generation of green collar jobs and making the most of our strengths as one of the world's largest manufacturing economies; a world class centre of energy expertise and a leading location for inward investment."
If the 15% renewable energy target is met by 2020, carbon savings of around 20 million tonnes of CO2 would be achieved. Energy supply would be secured and gas imports reduced by 12-16%. Additionally significant business opportunities would be provided. There may be 160,000 jobs created in the UK and beyond.