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Wednesday, May 31, 2023
Home Sustainable Fashion UK to invest in clean energy accelerating green technology

UK to invest in clean energy accelerating green technology

UK trade secretary Kemi Badenoch called investment in clean energy ‘the future-proofing force’ that will help the country to create a better tomorrow, said at the Green Trade and Investment Expo in Gateshead on 1 November.

UK_ invest_clean nergy technology
Figure: The United Kingdom is quickly becoming the green creativity capital of the world, and UK companies have developed green innovations.

The United Kingdom is quickly becoming the green creativity capital of the world, and UK companies have developed green innovations.

Kemi Badenoch said, “We will set out a three-pronged approach to using trade to ensure the United Kingdom is ready to tackle crucial global challenges. We can only tackle climate change by using free trade and investment to accelerate green technological progress, and must do this in a way that does not impoverish the UK.”

The trade relationships will help to secure their energy supply. But it’s long-term investment in nuclear and renewables that will reduce our dependence on fossil fuels and keep down consumer costs.

Ideas being developed by green industries will contribute a lot to find a way through the present times of low growth.

“Our analysis shows that by the end of this decade, our green industries could create up to £170 billion of export sales, also by 2050, the country could generate 1.4 million green jobs,” she added.

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