Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
13/01/2010

Green Investment Can Build Prosperity

Scotland's financial sector is ideally placed to create the means to develop major green energy projects, First Minister Alex Salmond said last night in a speech entitled Choosing Scotland's Future as part of the Edinburgh Lecture series.

The FM said that the financial industry has the capacity to channel investment from surplus economies, and combat climate change by funding large scale infrastructure projects.

He outlined how financial innovation has a significant role to play in the development of a low carbon economy that encourages innovation, creates business opportunities, meets global climate change goals and provides thousands of green jobs. This would create new assets, not the inflation of existing assets - creating real wealth, not virtual wealth.

-- Advertisement --
NorthernAsbestosServicesLtd

During the lecture the FM also talked about the economic prospects for 2010 and beyond, highlight climate change as a key issue for the future and the contribution Scotland can make, and set out the Scottish Government's positive vision for independence and extending the powers of the Scottish Parliament.

Mr Salmond said: "The economic crisis, from which we are beginning to emerge, had as one of its root causes the misuse by the developed world of the excess liquidity coming from the emerging economies of Asia.

"For the future, we need to get into a virtuous circle where such liquidity is used in order to create infrastructure that will provide a steady income stream for the investors, and make a difference to climate change. New assets, not the inflation of existing ones. Real wealth, not virtual wealth.

"Financial innovation has a significant role to play in the development of a low carbon economy that encourages innovation, creates business opportunities, provides thousands of green jobs, and helps us achieve global climate change goals."

(GK/BMcc)

Latest Construction News

02/05/2024

Malin Group has secured planning permission in principle for its proposed development of the Scottish Marine Technology Park (SMTP). Malin Group's vision for the site is to deliver a state-of-the-art marine excellence hub which will bring together manufacturers with marine and renewables ...
02/05/2024

Fleming Building has officially broken ground on the development of the multi-million pound Bishopton Dargavel Satellite Facility. Working alongside Hub West Scotland and NHS Greater Glasgow & Clyde through a detailed pre-construction period, designs were developed to meet a range of requirements ...
02/05/2024

Aberdeenshire Council has announced the installation of a downstream defender as part of ongoing works to restore and improve the ponds at Denman Park in Westhill. The popular ponds in Denman Park are home to a wide variety of pondlife and wildlife but have been subject to pollution from a range ...
02/05/2024

Contractors RJ McLeod are on schedule to complete the construction of a new Largs seawall in North Ayrshire. The £4.6m project is almost complete with the northern section of the promenade expected to re-open to pedestrians before the summer season gets under way. The project has seen the ...
02/05/2024

Scottish Water has announced the successful completion of a major technological transformation of Glasgow's Victorian era Partick Pumping Station. Built some 120 years ago, the pumping station remains a key part of the city's waste water infrastructure and still serves 170,000 people. It is one of ...
02/05/2024

SSEN Transmission has committed to consider community and landowner proposed alignments as part of its Kintore-Tealing 400kV project. These alignments - which will be assessed in parallel with other alignment options within the refined routes SSEN Transmission recently consulted on - are around ...
02/05/2024

SSEN Distribution has announced that it has chosen Electron's 'ElectronConnect' platform to streamline and expand its procurement of Flexibility Services. The company's DSO Acceleration Action Plan identified the selection of a new Flexibility Market Platform during the Spring of 2024 as a key ...
02/05/2024

West Dunbartonshire Council has declared a housing emergency, highlighting the unprecedented pressures on the ability to meet the needs of those in social housing or seeking a Council property. Councillor Gurpreet Singh Johal, who is the Convener of Housing and Communities, made the declaration ...
02/05/2024

The Highland Council has submitted its response to the Scottish Government's consultation on Masterplan Consent Areas (MCA), developed by members of the Economy and Infrastructure Committee. The Scottish Government is proposing the introduction of discretionary powers to establish Masterplan ...
02/05/2024

As part of its ongoing efforts to improve biodiversity across the region, Perth and Kinross Council has announced an extension of its Grassland Management Trials, following successes at 42 other sites. These areas of longer grass will create space for nature and help attract bees, butterflies and ...
Morris & Spottiswood LtdRBT Underfloor LimitedSEEIT3DCF Concrete PumpingMaccaferri LtdAPA Facade Systems (UK) LtdSMS Alba LimitedDiscount Kitchens and Bathrooms LtdShopfronts ScotlandJSJ Foam Insulation Ltd
Terms and Conditions
2024/05/03 01:48:48