Labour: Energy will become financial crisis
Liz McManus.
The Labour Party is warning that energy will be a major financial crisis in ten years' time.
The party said major policy shifts are needed to chart economic recovery and prepare the country for a world where there is a shortage of fossil fuels.
The party said tens of thousands of construction jobs could be created now with retro-fitting of non-efficient homes, and a rapid move to wind and wave energy.
Spokesperson Liz McManus said any homeowner taking up retro-fitting would pay for it out of the savings they'd make on their utility costs.
