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The Low Carbon Economy Ltd

12 Feb 2010 09:02:04

Midlands designated Low Carbon Economic Area

Midlands designated Low Carbon Economic Area
The Midlands is officially a Low Carbon Economic Area (LCEA), following government funding for the region's automotive industry to develop green vehicles.

Lord Mandelson, the minister of business, launched the £19 million venture this week at the International Manufacturing Centre at the University of Warwick.

He said: "I want to see the Midlands help the UK to lead the global automotive industry in the transition from conventional to low carbon vehicle technologies.

"The LCEA will send a clear signal to the global market about the Midlands' strengths in advanced automotive engineering.

"The move towards a low carbon economy presents huge opportunities. This new funding will help secure the Midlands' 10,000 existing car industry jobs, by helping transform them into the green car jobs of the future."

Advantage West Midlands, the regional body, has also recently made a successful bid for funding from the new European Institute of Innovation and Technology, which funds the collaborations between bodies involved in the Climate Knowledge and Innovation Community.



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