Source: Labour Party UK
Ed Miliband MP, Labour’s Shadow Business, Energy and Industrial Strategy Secretary, responding to the Government’s Ten Point Plan for a Green Industrial Revolution, said:
“The funding in this long-awaited announcement doesn’t remotely meet the scale of what is needed to tackle the unemployment emergency and climate emergency we are facing, and pales in comparison to the tens of billions committed by France and Germany.
“Only a fraction of the funding announced today is new. We don’t need rebadged funding pots and reheated pledges, but an ambitious plan that meets the scale of the task we are facing and – crucially – creates jobs now.
“That’s why Labour called for the Government to bring forward £30bn of capital investment over the next 18 months and invest it in low-carbon sectors now as part of a rapid stimulus package to support 400,000 additional jobs. Make no mistake – this announcement from the Government falls well short of what is required.”