UK Trails Europe on Green Energy Spending and Infrastructure

• UK spends least on low-carbon energy policy among major European economies - $33.3 billion over 3 years vs. over $90 billion for Germany and Italy • UK spending focused more on energy affordability than efficiency - $42 billion vs $13 billion on efficiency • UK per capita spending much lower - under $500 per person over 3 years vs over $950 in France and over $1,100 in Germany
• Evidence shows green spending could provide greater economic boost than tax cuts planned in upcoming budget • UK lagging rivals in green tech race and green infrastructure investment