- In a hurry? Watch the highlights of Ed Balls speech here. Full story below:
- Rt Hon Ed Balls MP, Shadow Chancellor and Martin Wolf CBE, chief economics commentator at the Financial Times, discussed the future of UK infrastructure. The event was chaired by Green Alliance's director Matthew Spencer:
On the same day Green Alliance announced that £180 billion of new infrastructure investment, equating to 12 per cent of GDP, is at risk because of uncertainty about the UK’s commitment to its current low carbon direction. This is based on Green Alliance's new economic analysis. See also our infographic The future of UK infrastructure, supported by WWF-UK, Greenpeace and Christian Aid:
Green AllianceEd Balls MP, Shadow Chancellor, said: "As the Green Alliance rightly reminds us, greater certainty on energy policy and a stronger commit...
Good statistics and graphics in @GreenAllianceUK #UKInfra - need to recognise growth imperative for all scales of low carbon investmentNew Statesman's blog published a piece by our chief economist, Julian Morgan, highlighting why the gap between rhetoric and reality in the coalition’s infrastructure policy matters:
Talk is cheap: why the gap between rhetoric and reality in the coalition's infrastructure policy mattersMinisters should not be under any illusion that public spending on high carbon projects offers a quick economic fix. Amid all the headlin...Over 200 representatives from charity, business and government came to join in the debate at BMA House.
- Sara Vaughan from sponsor E.ON welcomed everyone:
Sarah Vaughan from E.ON kicks off the #UKinfra discussion. Says the majority of E.ON's investment is in low carbon. @talkingenergy
What #offshorewind investors need from Government are stable policies against which to invest, says EON at #UKinfra event- Next, the introduction from Matthew Spencer, director of Green Alliance, highlighted the opportunity of revolutionising UK’s economy through low carbon infrastructure.
Unlike previous industrial revolutions this can be done with nature, not against, says @Spencerthink #ukinfraHe stated that a pragmatic focus on low carbon energy and transport is needed:
- .@Spencerthink outlines how the majority of #UKinfra risks being put on hold due to policy indecision.
70% of the Government's infrastructure pipeline is low carbon including rail & wind reports @GreenAllianceUK #UKinfra
Coalition government has what an agony aunt calls 'commitment issues' on green economy says @Spencerthink #UKinfraHe outlined that rebuilding investor confidence requires political leadership, policy consistency, and reform of infrastructure delivery to back decentralised energy and transport projects.
Martin Wolf of the FT responded and outlined that we have to stimulate investment to boost the weak recovery.
"There is very strong case to make core of investment green investment" says @martinwolf_ #ukinfra
Martin Wolf, FT: economy 18 per cent below trend. So clear case for stronger growth policies #ukinfra
What is the future of UK infrastructure?
Green Alliance summer reception, 10 July 2013
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