UK green energy investments surpass £100bn, says Ed Miliband
By
Fiona Harvey
Summary
Ed Miliband, the UK energy secretary, has announced that private sector companies have pledged over £100 billion in investment into the green economy during the current parliament. The investments are primarily in offshore wind, solar power, and electricity grid infrastructure, spanning 2024-2031 across all UK regions. Funding comes from UK companies and international sources including the EU and Japan. Miliband frames this as evidence that the UK economy can grow and re-industrialize without relying on fossil fuels, calling it 'only the start' of what the government aims to achieve.
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Key quotes
· 3 pulledClean economy brings jobs and growth, says Miliband as £100bn invested in green energy
only the start of what we want to achieve
how the UK economy can grow and re-industrialise without reliance on fossil fuels
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