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The Low Carbon Economy Ltd

10 Nov 2008 05:11:31

Obama's green plan 'could leave UK behind'



Obama's green plan 'could leave UK behind'
The UK could be left behind in the clean technology sector if the government does not take steps to keep up with plans from US president elect Barack Obama.

According to the Environmental Industries Commission (EIC), Mr Obama plans to invest $150 billion (£95.7 billion) in the renewable and clean technology sectors by 2020.

While the proposals are exciting for the green technology sector, the UK risks being stuck behind the US unless big steps are taken said EIC chairman Adrian Wilkes.

He said: "The government must back UK companies to seize the opportunity to lead the world in environmental technologies, or else millions of jobs that could have been created in the UK will go abroad to countries like the US that are putting in place comprehensive support programmes."

The UK government has committed to generating 15 per cent of electricity from renewable sources by 2020 and of cutting carbon emissions by 80 per cent by 2050 – the most ambitious target any country has adopted.

http://my.barackobama.com/page/content/newenergy


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