Green Investment Bank 'must not ignore industry'

The Green Investment Bank must not ignore energy efficiency innovation in manufacturing, say engineers

The forthcoming Green Investment Bank will need to focus on energy-efficient manufacturing as well as low carbon power infrastructure and products to complete the UK’s transition to a low-carbon economy, say engineers.

In a position statement released on 21 April, the Institution of Engineering and Technology (IET) at Stevenage, Hertfordshire says energy efficiency and conservation measures in manufacturing are highly cost-effective and should be prioritised because they reduce the need to build capital-intensive new plant.

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