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UK Government Focuses on Promoting Renewable Energy Sector

Being ‘unreservedly committed’ to a green economy, the UK government has declared a £100 M-worth investment, focused on driving domestic as well as foreign investment in non-domestic energy efficiency projects.

At an energy conference in London, Nick Clegg stated that the UK will also be involved in global evolution of renewable energy sources, and its officials are committed to low-carbon economy.

According to the Deputy Prime Minister, UK ranks sixth among the large markets for low carbon goods and environmental services. This Coalition Government is dedicated to promoting low carbon sector thrive, unconditionally. The nation anticipates a clean, low carbon, green economy. Britain will accomplish its carbon reduction targets, but at a composed and steady pace, thereby avoiding competitive disadvantage.

The main objective of UK includes in bringing at least 34% minimization in greenhouse gas emissions by 2020 and 80% by 2050. The £100 M investment will be offered to two specialist fund managers.

According to the UK Secretary of State for Energy and Climate Change, Edward Davey, the UK Government works on creating a protective, clean energy mix that paves way for long-term investment potentials.

Private renewable energy advisors at Enerfina will encourage and enlighten the customers on renewable energy. The experts provide professional guidance in addition to providing the best sustainable solution for specific home and business. Besides favoring the environment, renewable energy enables conservation on annual energy bills.

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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