The TradeUnion Congress (TUC) is amongst those organisations calling on the Chancellor to lead the UK out of recession by investing in the green economy.
The Trades Union Congress, the Aldersgate Group and Friends of the Earth have written a joint letter to George Osborne asking him to protect vital green measures in the Comprehensive Spending Review on Wednesday (October 20).
The TUC is holding a conference on climate change at which Energy and Climate Secretary Chris Huhne will hear Friends of the Earth’s director of policy and campaigns, Craig Bennett talking about the economic benefits of tackling climate change.
Key green measures the Chancellor is being asked to include in the spending review:
a properly capitalised Green Investment Bank – at least £4-6 billion, so it can attract vital private sector money;
the Renewable Heat Incentive and feed-in tariff to be kept intact – to avoid damaging investor confidence and help the UK meet its targets on producing more renewable energy and cutting carbon dioxide;
investment in essential infrastructure to bring manufacturing industry to the UK – such as the promised £60 million upgrade for ports;
continued funding for the Carbon Trust and Energy Saving Trust – which have already saved businesses, households and the public sector £4 billion through energy efficiency schemes, helping reduce the UK’s dependence on unsustainable fossil fuels;
Investment in education and skills to ensure the UK has the expertise to develop new green technologies and industries.