14 DAY TRIAL // The British Institute for Public Policy Research (IPPR, for short) recently made it clear that, unless ways are found to get national manufacturers to switch from gas-emitting technologies to more environmentally friendly options, the country doesn't stand a chance of meeting its low-carbon economy goals.
Thus, major industrial corporations must be made aware of their importance in the process of reducing the country's level of pollution.
Given the fact that three quarters of UK's gas emissions presently come from the sectors of energy, transport and manufacturing, the IPPR suggests that the British government start offering incentives to companies carrying out their activities in these domains.
As businesses typically react to financial incentives, rather than moral ones, representatives of IPPR emphasize the importance of the so-called Green Deal, which basically states that, should companies switch to greener energy-sources, they will not have to deal with any upfront costs.
Thus, they can give back the money they received from the government in monthly installments (or whatever else suits them), using the savings they make by not having to pay very much on energy bills any longer.
This idea is quite likely to pose a certain amount of interest to manufacturers both in the UK and around the world, as once the loan is paid off, whatever savings continue to be made will go straight into their own pockets.
The UK is also advised to come up with ways to reduce uncertainty with respect to renewable energy sources and to encourage people to invest in green energy, reports environmentalleader.com. As well as this, it is expected that the government will settle on the year 2030 as their time-target for reducing gas emission in the energy sector.
Last, but not least, the IPPR believes that, before going national-scale with this project, the British government should first test the renewable-energy water and start by closing “green deals” with local companies and small industries.