Britain's transformation to a low-carbon society will be delayed by a lack of people trained in the right skills unless the government significantly increases its investment in the sector, a group of MPs have warned. They said that hundreds of thousands of jobs could be created if the government doubled its funding of green technologies, making the UK a world leader in a market worth £3tr worldwide.And what are Canada's plans for funding green technologies and clean energy? It seems we are defending the tar sands instead .... another missed opportunity.
"The government has missed a big opportunity to kick-start a green industrial revolution with its £3bn fiscal stimulus. Germany, the US, Japan and China have invested billions in their low-carbon industries," said Tim Yeo MP, chair of the House of Commons environmental audit committee (EAC).
In the US, the government has spent about £50bn to create half a million new green jobs, while Germany, Japan and Korea have also announced major plans to grow their domestic environmental sectors. China's economic stimulus plan includes £142bn for environmental measures
Perhaps our PM should read The March of Folly by Barbara Tuchman.