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MP suggests green investment can have many benefits

28.03.2012

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A letter from Caroline Lucas MP, has suggested that the government can kill two birds with one stone, by increasing the amount of money invested in green technology.

Writing to the Financial Times (FT), Ms Lucas claimed that not only would increasing the amount of money placed in renewable and the green sector help create jobs, it could also help pension funds.

Referring to a recent article in the FT, entitled 'Years of struggle for a jinxed generation', Ms Lucas said that 50-year index-linked bonds, including funds invested in sustainable infrastructure could offer pension funds the growth many crave.

Ms Lucas wrote: "In one imaginative and fiscally responsible measure, the government could provide pensioners with a safe refuge for their pensions, and the young with thousands of jobs."

Within the letter, Ms Lucas cited research from the Green New Deal group which showed an additional investment of £20 billion on solar panels for three million adequate roofs could create 140,000 jobs.

KMS Baltics is a partnership of independent companies providing forestry investment management in Estonia, Latvia, the UK and Romania.

 

 
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