Monday, October 16, 2006

Green Energy Market Worh 30 billion pounds to UK SMEs

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Green energy market worth £30bn to SMEs
NICK BEVENS, BUSINESS EDITOR, The Scotsman

Oct 13 2006

Excerpts:

1. OIL giant Shell predicts the market for SMEs in UK tackling climate change could be worth £30 billion over the next ten years.

2. This is based on carried out for Shell Springboard - an awards programme.

3. The report added that international action to avert climate change could create a global market worth US$1 trillion (£539bn) in the first five years alone.

4. The biggest identified markets for SMEs are building regulations for commercial and industrial use, renewable electricity, renewable road transport fuels, domestic energy efficiency and building regulations for domestic use.

Personalities mentioned in report: Shell Oil's chairman, James Smith, Liberal Democrat environment spokesman Chris Huhne

See the full report here

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