TRAIN LINES should be built up the middle of UK motorways if greenhouse gas emissions are to be brought down to safe levels, a prominent investment fund manager said at the ICE this week.
Delivering the annual Construction Industry Council Happold Memorial Lecture, founder of the Jupiter Fund Tessa Tennant called on consultants and contractors to push city investors and pension funds to back such schemes.
The growth of ethical investment, including carbon trading - where heavy polluting companies buy 'clean air quotas' from less polluting firms - showed that the City is waking up to the financial sense of environmental and sustainable schemes, Tennant claimed.
However, the construction sector is lagging well behind other sectors of UK industry in sustainable investment.
Tennant called for new building, planning and tax regimes that would encourage people to develop solar schemes. If every south facing roof in the UK was equipped with photovoltaic cells linked to power cells, the UK would be self-sufficient in energy, she claimed.
The UK must cut CO 2emissions by at least 70% by 2050 if it is not to exceed its per capita share of sustainable atmospheric pollution.