Renewable energy boosts UK economy by £2.5bn

Figures from the UK Department of Energy and Climate Change (DECC) show that companies have announced plans for almost £2.5 billion worth of renewable energy investment in the UK, with the potential to create almost 12,000 jobs, so far in the financial year 2011/12.

A separate report to the European Commission on renewable energy progress, shows that the UK:
UK Energy Secretary, Chris Huhne, says: “Renewable energy is not just helping us increase our energy security and reduce our emissions. It is supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again.

“Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment.

“I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”