Energy

UK pledges £3 billion to make economy greener

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H Matthew Howarth [flatworldsedge] | Moment | Getty Images

The U.K.’s finance minister has unveiled plans for a £3 billion ($3.8 billion) “green investment package” that will attempt to boost the energy efficiency of buildings and help create jobs, but environmental groups criticized the government for failing to match the commitments of their European counterparts.

Rishi Sunak made the announcement during a wide-ranging economic statement to the U.K. Parliament that focused on providing support to an economy reeling from the impact of the coronavirus pandemic.

“This is going to be a green recovery, with concern for our environment at its heart,” Sunak, who has been in his role as…



Source cnbc.com

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