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Re: *~1Best~* post# 194

Thursday, 06/26/2008 3:36:47 PM

Thursday, June 26, 2008 3:36:47 PM

Post# of 289
Aiming at a "green revolution," British Prime Minister Gordon Brown outlined an ambitious investment program of $200 billion to boost the production of renewable energies in line with the European Union's policy of reducing greenhouse gas emission.

Brown made this announcement while addressing a conference on a low-carbon economy Thursday.

The British government will construct 7,000 new wind turbines to help increase the share of renewable energy production to 15 per cent of consumption by 2020, a target set by the EU. These will generate, 000 new jobs, Brown said.

The North Sea, which has reached a saturation point in oil and gas supply, will now be transformed into the global center of the offshore wind industry with the installation of 3,000 wind turbines offshore, Brown said.

Brown envisages turning "the North Sea into the equivalent for wind power to what the Gulf of Arabia is to the oil industry."

Brown claimed that the strategy is "the most drastic change in energy policy since the advent of nuclear power."

The long-term strategy to reduce Britain's dependence on oil would be spread over 12 years.

by RTT Staff Writer








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