Labour’s Green Prosperity Plan will benefit Birmingham, by saving £300 off the average energy bill for families and bringing good jobs to the local community, Preet Kaur Gill has today confirmed.
Labour’s Green Prosperity Plan is the party’s landmark plan to grow Britain’s economy, cut energy bills once and for all, and make Britain energy independent.
The party has today confirmed that this policy will have the following key benefits for Birmingham:
• Tackling the cost of living crisis by saving families up to £300 off their average annual energy bills
• Supporting the creation of more than 50,000 new jobs in the West Midlands, by investing in British industries, bringing good jobs to places like Birmingham, Edgbaston
• Upgrading and insulating 548,000 in the West Midlands, further cutting energy bills for families and slashing fuel poverty
Setting up Great British Energy, a publicly-owned energy company, to invest in locally-owned clean projects that the community will own and benefit from
Commenting on how Labour’s Green Prosperity Plan will benefit Birmingham, Edgbaston, Preet Kaur Gill said:
“Labour’s Green Prosperity Plan is about cutting bills for families and investing in good jobs right here in Birmingham, Edgbaston.
“From cutting energy bills for families, to investing in good jobs that has for too long been denied to local people, Labour’s Green Prosperity Plan will bring clear benefits to our community.”
Preet Kaur Gill has confirmed that Labour’s investments in British industries could support Birmingham in the following ways:
Labour’s plan will include investments to drive local and economic growth, with a National Wealth Fund that will help to create up to half a million jobs in Britain’s industrial heartlands, giving opportunities to plumbers, electricians, welders, and workers in every single nation and region of the country.
This historic investment in working people and their communities is the only way out of the high energy bills, energy insecurity, and the doom-loop of low growth, high taxes and crumbling public services under Rishi Sunak’s Conservatives.
A large part of that investment will be paid for by a proper windfall tax on oil and gas giants, so those who have profited from energy insecurity pay for the investment needed to rebuild industry, lower bills and make sure we are never at the mercy of dictators like Putin again.
Commenting on how Labour’s Green Prosperity Plan will benefit Birmingham Edgbaston, Keir Starmer MP, Leader of the Labour Party said:
“Fourteen years of the Conservatives’ failed energy policy has left us with high energy bills exposed to the manipulations of fossil fuel dictators.
“From Great British Energy, our publicly owned energy company to invest in clean power, to our National Wealth Fund to invest in bringing good jobs to our communities, to our Warm Homes Plan, a Labour government is determined to work in partnership with the people of Birmingham, Edgbaston to create the good, well-paid jobs.
“This is a model of what Labour will achieve in every community across our country- investing in Britain so we can grow our economy, and put an end to fourteen years of decline under the Conservatives.”
Notes
• Labour’s Green Prosperity Plan is the party’s landmark plan to grow our economy, cut energy bills once and for all, and make Britain energy independent. This historic investment in working people and their communities is the only way out of the high energy bills, energy insecurity, and the doom-loop of low growth, high taxes and crumbling public services under Rishi Sunak’s Conservatives.
• Labour will switch on Great British Energy, a new publicly owned energy company to take back control of the energy system on behalf of the British people.
Labour’s Green Prosperity Plan will:
• Cut energy bills for good, saving families hundreds of pounds on their annual household energy costs.
• Create up to 650k jobs in every part of the country, including our industrial heartlands and coastal communities.
• Boost Britain’s energy independence by using our abundant natural resources to free ourselves from the manipulations of Vladimir Putin and petrostates.
• Deliver climate leadership to protect our children from the threat and costs of the climate emergency.
Methodology:
• Modelling by Ember shows that a clean power system would have an annual average household bill saving in 2030 compared to today (Cutting the bills: UK households profit from clean power | Ember (ember-climate.org).
• Jobs numbers drawn from internal workings based on BEIS and National Grid Future Energy Scenarios and from internal workings based on Construction Industry Training Board projections for the Climate Change Committee’s Sixth Carbon Budget, re-based and re-weighted in line with Labour’s Warm Homes Plan.
• Estimates for the number of homes upgraded through the Warm Homes Plan in English regions based on Labour analysis and DESNZ Fuel Poverty Statistics England 2024 (2023 data) and DLUCH Energy Performance Certificate data.
• Energy generation from Local Power Plan projects from Labour analysis.
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