Industrial gear manufacturers are in for a bright future with Theresa May pledging to boost the shale gas and electric car industries in the Conservative Party manifesto.
The snap election will take place on June 8, and luckily, both political parties have committed to strengthening the industry in the UK. That is, as long as developments are as environmentally friendly as possible.
Both parties have committed to reducing pollution from vehicles, with the Conservatives pledging to ensure all cars and vans are low emission by 2050, and Labour promising to retrofit busses with filters to reduce the pollution causing fumes.
Pollution is likely to be a big focus for voters, with recent scare stories regarding the level of pollution in our cities leading to the public becoming more aware of the risks. Up to 40,000 people could be dying prematurely due to pollution levels, and now even house buyers are looking at local pollution reports when considering whether to buy or not.
The Conservative Manifesto is however, looking forward to shale gas revolution, hoping to mirror the successes of the US in this area.
There are of course many people who are opposed to fracking for environmental reasons, after it was found that I could cause earthquakes near the site, and many believe we should be turning to renewable energy instead.
In order to sweeten the deal Theresa May has promised in invest in a national “shale wealth fund”, which would be given to local communities for their benefit, in a bid to overcome local opposition to fracking schemes.
Fracking is also being opposed by the Labour and Liberal Democrat parties, who have more of an environmental emphasis in their manifestos.
Some environmentalists maybe placated with the promise to continue to invest in wind energy, despite recent opposition from bird charities, who claim the rapid expansion in wind energy farms in Scotland has lead to falling populations of many seabirds. The Tories have remained committed to opposing onshore wind farms.
There is a significant emphasis on affordability running throughout the manifesto, which could lead to come significant debate within the energy sector.
Nuclear power is not mentioned for example, but the manifesto argues focus will “not [be] on the way energy is generated but on the ends we desire — reliable and affordable energy”.
Dr Jonathan Cobb, Senior Communication Manager with the World Nuclear Association told Power Engineering International that: “The Conservative manifesto is notable for not making specific policy statements about any form of electricity generation, other than a negative statement on onshore wind in England.”
“More significantly the track record of the current Conservative government has demonstrated strong support for nuclear energy. The support for nuclear energy expressed in both the Labour and Liberal Democrats manifestos indicates there will be good cross-party support for nuclear energy in the UK in the next government.”
May has also pledged £600 million for electric cars and renewed the pledge to cut greenhouse gas emissions to 80 per cent of 1990 levels. The manifesto pledges the UK will be “at the forefront of action against global climate change”.