UK Secretary of State for Energy Security and Climate Change Ed Miliband has said the carbon capture and storage (CCS) sector will create 4,000 jobs “straight away” and 50,000 jobs over the medium term.
In an interview on the UK’s BBC Radio 4 he said, “I’ve come back from China recently – they realise … [the green economy] is the growth opportunity of the 21st century. India also realises this. We can argue about the figures until the cows come home but, frankly, if you want to create growth in our economy, and want to create the jobs of the future, this is an absolutely essential part of the answer.”
The UK’s state-owned GB Energy is set to announce its first project today, while debate continues to intensify in Britain over the cost and timeframes in delivering Net Zero.
This week the leader of the UK opposition Conservative Party – which was in power six years ago when Net Zero was enshrined into law – made a dramatic u-turn on decarbonisation under a policy renewal programme, saying reaching Net Zero by 2050 “is impossible”.
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