UK households 'spending more' on green goods
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UK households are slowly going green and are now spending more
than £250 a year on environmentally friendly products such as
low-energy lightbulbs and energy-efficient appliances, figures
suggested today.
The Co-operative Bank's annual Ethical Consumerism Report showed
that expenditure on green products and services topped £6.4
billion in 2008.
Despite the recession, spending on green goods increased by 5% on
the previous year, with each household spending an average of
£251 on environmentally friendly products.
The figure has steadily risen over the past few years, according to
the report, but still only accounts for less than 1% of household
expenditure.
Spending on energy-efficient appliances, boilers and lightbulbs has
all risen across the country as a whole, as has cash for green
transport, small-scale renewables and green energy tariffs.
Only spending on "responsible travel" had fallen in the past two
years.
Tim Franklin, chief operating officer at the Co-operative Bank,
said the figures showed political leaders - who are attempting to
secure a new deal on tackling climate change at crunch UN talks in
Copenhagen - that many people in the UK were working hard to adopt
a greener lifestyle.
But he added: "In order for the UK to reduce its carbon emissions
by 30% by 2020 there will need to be a step-change in take-up of
low-carbon technologies and this will need a new contract between
business, government and the consumer."
He said the leadership of ethical consumers and innovation by
business worked best when backed up by "thoughtful" government
intervention - as in the case of phasing out inefficient
lightbulbs.
"We now need to see such initiatives in a raft of new areas such as
transport and electronic goods," he urged.
The full Ethical Consumerism Report will be published later this
month.
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