Scotland vows to build green business energy - 03/11/2010
The Scottish government has vowed to invest in a new £70 million scheme to secure the country as a frontrunner in the green business energy industry.
First minister Alex Salmond has announced Scotland will be at the forefront of the offshore wind industry thanks to the cash boost provided to the National Renewables Infrastructure Fund, which will supply manufacturing provisions for wind turbines, as well as strengthening port facilities.
He said: "Together with Scottish Enterprise and Highlands & Islands Enterprise, we are determined to stimulate the market and act decisively to trigger vital capital investment and launch the next phase of Scotland's renewables revolution."
In addition to announcing the £70 million green business energy scheme, Mr Salmond called upon the British government to remove restrictions, which are currently preventing immediate access to the £191 million of Scotland's Fossil Fuel Levy funds.
It is believed the new scheme will also be instrumental in creating an estimated 28,000 jobs and adding some £7.1 billion to the value of Scotland’s economy over the next ten years.
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