Scotland would benefit from 100,000 jobs and £8 billion of green investment under Keir Starmer’s plans for a new state-owned energy company, Labour has claimed.
Anas Sarwar, Scottish Labour leader, said that Starmer’s conference pledge for a GB Energy company to invest and control the profits of new green power like offshore windfarms would be a game changer for Scotland.
The plan for a publicly-owned clean generation company to cut energy bills and deliver energy independence was the policy centrepiece of Keir Starmer’s speech to the Labour conference in Liverpool.
He said Labour would set up a state-owned green energy company in the first year of office.Starmer told delegates: “Labour will make sure that the public money we spend building-up British industry, spurs on private investment, stimulates growth … and the British people enjoy the returns.“Labour won’t make the mistake the Tories made with North Sea oil and gas back in the 1980s.
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