Carbon Trust comment on UK Government’s report on ‘Low Carbon Economy: Size and Performance’
Commenting on the launch of the UK Government’s report on ‘Low Carbon Economy: Size and Performance’, Michael Rea, Chief Operating Officer, at the Carbon Trust, said:
“This report demonstrates that the low carbon economy is a reality and that innovation in areas such as offshore wind and the greater deployment of cost effective technologies such as energy efficiency have contributed to this UK success story.
'The analysis shows that the low carbon economy is experiencing strong year on year growth from both an employment and economic perspective and gives a clear signal that the UK is reaping significant rewards from our successful development and support of low carbon technologies.
'However we must not take our foot off the pedal as there is a huge untapped potential across a range of technologies from CCS to low carbon heat. We need to continue to prioritise and comprehensively back the technologies that offer the best chance of securing long term carbon savings and jobs at the lowest cost to the consumer.”