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Low-carbon Economy

Energy and Climate Change written question – answered on 7th July 2011.

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Photo of Joan Ruddock Joan Ruddock Labour, Lewisham, Deptford

To ask the Secretary of State for Energy and Climate Change what recent assessment he has made of progress towards a low-carbon economy.

Photo of Christopher Huhne Christopher Huhne Liberal Democrat, Eastleigh

The UK low carbon and environmental goods and services sector rose to £112 billion in 2008-09—an annual increase of 4.3% on 2007-08. And:

the Green Deal will lever billions of pounds of private investment to improve energy efficiency; the Renewable Heat Incentive will help a more-than-tenfold increase of renewable heat over the coming decade; and the Green Investment Bank where we have provided £3 billion to steer new sources of capital towards low-carbon projects.

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