Green revolution could create thousands of jobs and save millions into UK economy
September 21, 2021, 11:34 am

Green revolution could create thousands of jobs and save millions into UK economy

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The Sun reported according to experts, green homes revolution could create more than 138,000 jobs, slash energy bills and pump nearly £10billion into the UK economy.

According to The Sun, fuel poverty could be cut and the NHS may save millions if ministers roll out a proper scheme to insulate the nation's homes and swap out dirty gas boilers.

It said, Boris Johnson is due to reveal his long-awaited heating and building strategy to the nation in weeks, detailing exactly how to make the nation's homes greener and warmer.

The Sun mentioned that last night he told the UN in New York he was "still grappling over how to get rid of gas-powered boilers".

A report by Cambridge Econometrics for Greenpeace says that the economy and jobs would see a mega boost by 2030 if it rolled out a proper system, with grants to cover the costs for cash-strapped Brits.

Savings to the NHS from warmer homes could be up to £848mn annually.

It's expected that ministers will soon reveal fresh cash for Brits to make the swaps, and set a deadline for banning the sale of new gas boilers.

Around £4,000 will be offered for Brits to swap over, or a heat pump matched with the current price of replacing a boiler.

Britain's leaky, dirty homes are responsible for a huge chunk of the UK's emissions, which the PM has vowed to slash to zero by 2050.

Greenpeace UK’s policy director, Doug Parr, said: "The simple fact is, the government’s current plan to decarbonise homes won’t cut emissions enough to meet its own legally binding climate commitments or tackle the climate crisis.

"A more ambitious plan, which will sufficiently slash emissions from homes, could create many thousands of new jobs right across the country and pump billions into the economy. This should be music to the Prime Minister and Chancellor’s ears.

“Rishi Sunak will be shooting himself in the foot if he fails to deliver the required extra £12bn to green our homes next month."

Source: thesun

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.