UK Needs £26bn Annual Investment in Green Economy for Growth and Emissions Cuts, Study Urges
• UK should invest £26bn per year in low-carbon economy to boost growth and productivity, says new LSE research • This is similar to Labour's proposed £28bn per year "green prosperity plan" which Tories have criticized • Investments needed in energy, transport, innovation, technology, and environment • Public investment would likely attract double private sector investment • Tax giveaways less effective than investment for economic growth, productivity, efficiency, and carbon reductions