Energy secretary slams Conservative Party green sceptics for undermining investment in energy infrastructure

Energy secretary Ed Davey has hit out at the Conservative Party for blocking 鈥済reen growth鈥 and undermining investment in energy infrastructure.

In an interview with the Observer, Davey said tens of billions of pounds of investment in low-carbon, job-creating energy infrastructure projects could be lost because of an anti-green movement that is sweeping through the Tory party.

Davey said there was a 鈥淭ea Party tendency鈥 among Tory MPs who question climate change and green investment as 鈥減erverse鈥. He said this was undermining an industry that could help drive economic recovery.

Speaking over the weekend ahead of his speech to the Liberal Democrat conference in Brighton, Davey said he was determined to drive ahead with plans to boost the green economy.

He told Sky news: 鈥淲hat I鈥檓 really surprised at with these Conservative critics is they鈥檙e getting in the way of growth for our economy, and getting in the way of green growth. And I think that is really bad news for people around the country who will want to see the Government making sure they鈥檝e got a prosperous future with well-paid jobs for their families.鈥

Davey said that much of the energy infrastructure required would be privately funded and called on the chancellor George Osborne to get behind the green agenda.

鈥淸He] needs to make sure our economy鈥檚 growing. And he knows that when you look at all the planned infrastructure investment鈥 at the centre of its growth agenda, energy is about half of that planned infrastructure investment - about 拢110m with projects all around the country.

鈥淪o I鈥檓 absolutely sure that the chancellor wants growth and I think he recognises that energy investment, energy infrastructure is really a critical way of doing that.

鈥淭his green agenda is fantastic for growth. A lot of the infrastructure we need, the power plants, the transmission lines, the wind turbines and so on - they鈥檙e ready to go; these are what the Treasury call shovel-ready projects. So we can get investment now, we can get jobs now, we can get the green growth now.

鈥淎nd one of the great things when we鈥檙e in hard times, when we鈥檙e having to tighten our belts because of the deficit, is that these investments are paid for largely by private investors.

鈥淪o that really makes real sense when money鈥檚 tight and when we need to get growth going now - the green energy opportunity isn鈥檛 just massive, but it really is appropriate to the economic challenges facing the Chancellor and this Government. And that鈥檚 why, I think, we will be proceeding ahead with them.鈥