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Cracks show in Chancellors Economic Plan

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As the Chancellor addresses business leaders in Cardiff today, the Wales Green Party's prospective Assembly candidate for South Wales Central, Amelia Womack says the cracks are showing in his economic plan.

 

"The Chancellor's message today was that the economic recovery remains fragile and at risk from a 'cocktail of threats'. Yet it is he who has continued to pursue an economy that is fossil fuel intensive and being propped up by foreign investment.

 

The Chancellor just doesn't get it. Wales has enormous potential to develop its economy through investment in renewable energy and building on local opportunities for growth. Instead of offering the Chinese huge subsidies to build new nuclear power stations as in the case, that money could be invested in clean green energy technologies and supporting local businesses threatened by cuts to the renewable energy industry. 

 A strong economy is a sustainable economy, where money stays in local communities, and there are no hidden clean up costs for future generations. Greens in Wales are ready to take our place in the Senedd next May and push the Welsh Government to ensure our neglected communities reap the benefits of a greener economy."

 


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