Cable’s £3 million boost to local green economy

Vince Cable at Future Solent

Dr Vince Cable speaking at Ageas Bowl

Business secretary Vince Cable has announced  £3 million pounds worth of Regional Growth Funding for the “Future Solent Green Growth Programme” while visiting their inaugural conference at the Ageas Bowl on Friday.

Future Solent is a partnership of local business leaders, politicians and green tech experts who are trying to stimulate sustainable economic growth while reducing the area’s carbon footprint. The aim is to create least 315 new jobs in the Solent area over the next three years by supporting green business growth in a low carbon economy.

Future Solent

Many local green businesses exhibited.

Around 100 delegates listened to a number of speakers from businesses involved in the developing green economy including Alex Parmley who as  Eastleigh Borough Council Corporate Director  is heading up the Solent Green Deal initiative to retrofit local homes with the latest energy saving kit and Professor Richard Werner who is seeking to establish a Hampshire Community Investment Bank which will invest savers money in green tech schemes.

A number of projects were discussed including the proposed Navitus Bay offshore wind farm where it is predicted that 67 square miles of wind turbines off the Isle of Wight will provide enough power for 790,000 homes and create 2,000 jobs.


Future Solent Chair Jimmy Chestnutt speaking to Wnchester Online

Jimmy Chestnutt, the Chair of Future Solent and Chief Executive of Hampshire Chamber of Commerce told reporters from Eastleigh News and Winchester Online.

“We are looking at reducing the carbon footprint of the Solent area. We aim to create jobs wealth and new businesses .We aim to train existing business how to save money, cut energy costs and cut their carbon footprints.”

A number of delegates claimed that many people were in denial about climate change. Jimmy Chesnutt agreed and said he thought they were burying their heads in the sand,  hoping that “everything would be alright.”

“But the reality is we won’t be alright. There are real problems of carbon generation which are effecting the way this planet behaves but at the bottom end of the scale this is very much about creating jobs. This is a business led opportunity, we want to save the planet but we are also in the business of growing the local economy.”

Vince Cable, who was greeted on his arrival by EBC leader Keith House and MP Mike Thornton told the conference:

“The consensus is that man made global warming is becoming more serious. It can be measured, it has happened. Sea level change rises are measurable and the process is accelerating.

“There is no way that the British can just duck out of this. We may be only 2% of the world economy but we got there before everybody else. A high percentage of the greenhouse gases already in the atmosphere was produced here so we have a responsibility.”

In a statement Keith House said:

“Eastleigh Borough Council is a leading council nationally on the climate change and low carbon agenda and that includes supporting the development of the green economy. We are delighted with the award of funding and pleased to take a leading role, working with the Chamber of Commerce, Universities and Local First to deliver this innovative programme which will boost businesses and jobs.”


L-R, Keith House, Mike Thornton MP, Alex Parmley, Dr Vince Cable

L-R, Keith House, Mike Thornton MP, Alex Parmley, Dr Vince Cable

All photos ©Eastleigh News 2013

  7 comments for “Cable’s £3 million boost to local green economy

  1. Derek
    October 21, 2013 at 9:25 am

    meanwhile, EBC destroy the countryside….

    • October 21, 2013 at 9:33 am

      What! They say they are protecting it from ‘hostile developers’!

  2. October 21, 2013 at 3:22 pm

    How does reducing the areas carbon footprint square with building lots of new houses in the borough, on greenfield sites, and thus adding to the traffic congestion to that we already experience…?

    Sorry Vince, but this “Future Solent Green Growth Programme” is bullshit…

    • Keith House
      October 21, 2013 at 6:22 pm

      One of your more literate comments Ray! 🙁

  3. Gary
    October 22, 2013 at 11:39 am

    Fib dems are a joke; traffic congestion in Eastleigh is appalling,only to be compounded by adding 1000’s of houses to the area; green my a..e!

  4. gemma
    October 22, 2013 at 11:41 am

    Didn’t answer Ray’s question though did you?

    Or did you ignore it just like you ignore the opinions (or poke fun at) of the people you are meant to serve.

  5. Sam Snook
    October 22, 2013 at 5:56 pm

    Sam Snook October 22/10/2013
    Surely we cannot carry on-building more homes until they sorted out the traffic problem. The planning inspector should take a ride at peak hours-and see what workers have to go through five days a week. SHOCKING!!!!

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