UK businesses 'failing to invest in green growth'

Many UK businesses are failing to invest in green growth opportunities, despite the fact that 92 per cent of firms believe the industry is important, a new survey shows.A report from the Carbon Trust shows that just one-third of businesses in the UK are investing money in the research and development of green products and services.In addition to this, just one in eight of the firms surveyed believe that the UK is the most prepared country to benefit from green growth. Germany was thought to be the most prepared by the majority of respondents.Tom Delay, chief executive of the Carbon Trust, said: "Green growth is the only show in town. No other sector can drive the recovery."Commenting, Neil Bentley, director of business environment at the Confederation of British Industry, said: "Unlocking green growth is one of the key challenges for businesses and the government, and much more needs to be done to get us on track to meet our ambitious climate change targets."The government must deliver the right policy framework to attract global investors to low-carbon projects."Posted by Emily Thomas Sign up for regular email updates to help you save money and energy
For more information please see: Green growth campaign� The news feeds on this site are independently provided by Adfero Limited � and do not represent the views or opinions of the Energy Saving Trust.
Powered By WizardRSSFree Energy Home Home Power Generator Green Energy Green Energy Sources Magnetic Generator