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In Groundwork’s experience, the value of resource efficiency is that it can be achieved by simple cost-effective measures, and yet provide multiple economic, environmental and social benefits - making businesses more competitive, creating jobs, increasing environmental quality, fighting fuel poverty and improving health.
However, the focus of plans to develop a green economy to date has been on ‘high-tech’, high cost solutions. As the Energy Secretary, Chris Huhne, noted in a recent speech: ‘Energy saving is the cheapest way of closing the gap between demand and supply, yet it is the Cinderella of the energy ball.’
A shift towards a greener knowledge based economy is a long-term goal, but there are immediate and widespread gains to be had from investment in low skill, high growth areas such as the urgently needed retro-fitting of our existing housing stock.
Accessible ‘low-tech’ jobs are particularly important in terms of providing opportunities for low skilled workers and young people who have been hardest hit by the recession – and will be vital if we are to avoid the creation of another ‘lost generation’.
To quote Chris Huhne again - ‘As well as reducing carbon emissions and helping to reduce energy bills, the investment in energy efficiency will support our green recovery. It will create more green jobs . . . help industry grow and build a thriving green economy for the UK . . . ’