Green News: Green jobs in the UK to reach 1 Million by 2017

The United States isn’t alone in boosting their public funding of green jobs and green projects. Latest news from the Guardian shows that the UK is looking to reach 1 million green jobs by 2017.

Where exactly will these jobs be? Well there are plans for 4 carbon capture plans and a goal to build 1,000 wind turbines.

Where is the money coming from? Well unlike the U.S., the British tax-payers will not be footing the entire bill:

“The bill complements the £1.4bn of public investment provided in the budget, and up to £4bn now on offer from the European investment bank,” said Brown.

“In addition – following our reforms to the policy, planning and regulatory regimes – we will see between now and 2020 as we meet our renewable energy targets around £100bn invested by the private sector.”

The Prime Minster also announced a £150 million public fund that will go to investment in the private sector. The goal is to help small businesses that are in the green tech and life sciences fields stay afloat and grow.

Well done Minister Brown.

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