infrastructure investment discussion
DESCRIPTION
This analysis shows the significant positive impact that low carbon infrastructure investment could continue to have on the UK economy and finds that there is an unusually strong short run economic opportunity for the UK to be gained from developing low carbon infrastructure. An increase in spending on low carbon infrastructure projects should increase GDP by at least 0.7 per cent by 2015. Conversely, if the government abandoned its low carbon investment programme, the overall impact on GDP could be a reduction of as much as 2.2 per cent, and such a drop could push the UK back into recession. This analysis was the basis for a high level expert discussion on 25th July 2013.TRANSCRIPT
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