Barker aims to boost green trading with US mission
Energy minister Greg Barker is set to lead a green trade mission to the US in a bid to strengthen trading relations and showcase UK businesses which have benefited from the green economy.
As part of the mission, taking place next week (May 6-10), the minister will visit Houston, San Antonio and Atlanta to highlight the compatibility of sustainability and economic growth, as well as offer opportunities for companies to connect with new or existing business partners.
He will also take part in talks to discuss the challenges and barriers facing businesses in moving towards the low-carbon economy.
Companies to be showcased as part in the mission include: Rolls Royce, Jupiter Asset Management, Kiwi Power, Parhelion Underwriting and PB Energy Solutions.
Mr Barker said: "The growing global market in green goods and services represents a huge range of opportunities for UK businesses. What is good for the planet can be fantastic for business too and I want to help British entrepreneurs and companies seize those opportunities with both hands.
"Britain is leading the way in demonstrating that the shift to a green economy is beneficial for businesses and growth.
"As well as helping our companies get a greater understanding of the opportunities in the US market, I also want to use this visit to show US firms why they should be investing in the UK."
As part of the tour, the minister will meet with a select group of US business leaders, as well officials, academics, regional economic development agencies and businesses.
According to the UK business delegate, Kiwi Power CEO Yoav Zingher, sharing green technology and knowledge is "key" to continued innovation, adding that trading between the UK and US will provide a significant boost to both economies.
He said: "I firmly believe that new products and services in the green space will spur economic growth, create jobs and increase the UK's exports: reducing carbon and reducing costs are both issues that all countries face and we have the chance to be at the cutting edge of that development."
Reiterating this view, PB Energy Solutions managing director Phyllis Boardman, added: "There are mutual opportunities for the UK and US to empower an economic transformation to meet our ambitious carbon emission reduction targets, trigger increased turnover and job growth, whilst increasing the competitiveness of economies."