Vince Cable MP proposes Green Road out of Recession

Vince Cable MP recently set out the Liberal Democrat proposal for a Green Road out of the Recession, creating jobs and leaving a legacy that will save energy, put money back into people’s pockets and fight climate change.
The plans will cost £12.5bn, which would be paid for by scrapping the proposed VAT cut. The vast majority of that money will be spent immediately, making a real impact on the economy and people’s lives right away.

Green Road out of the Recession proposals include:
* A five-year programme to insulate every school and hospital, with 20% completed in the first year
* Funding insulation and energy efficiency for a million homes, with a £1,000 subsidy for a million more
* Building 40,000 extra zero-carbon social houses
* Buying 700 new train carriages
* Reopening old railway lines and stations, opening new ones, electrifying the Great Western and Midland mainlines and beginning the Liverpool light rail network
* Installing energy and money saving smart meters in every home within five years

Click here for more information on the Liberal Democrat Economic Recovery Plan