I come from the Thatcher generation that finds it difficult to comprehend the idea of the government buying back UK utilities like RBS & Lloyds. However, once the government starts this process, where does it stop? The case of Vestas (http://bit.ly/WxJC6) on the Isle of Wight seems to be a decent example of this. This place is a productive and, up until recently, successful manufacturing facility. As far as I can gather, the reason it is closing is because the UK’s planning laws for wind farms are so laborious, no-one can sell enough turbines. (Although this may be just spin as surely these turbines could just be exported if they were that good?)
Either way, the point is, bearing in mind global warming, the crippling lack of available jobs on the Isle of Wight, a clearly passionate workforce and what must surely be a significant future market, if the government stepped in for RBS – shouldn’t they step in for Vestas?
For the government to position green technology as a crucial sector to pull the UK out of recession and then promptly allow one of our few green energy manufacturers to close seems laughable if it wasn’t so ludicrous. The long term benefits would surely outweigh the short terms costs.
Will Vestas be saved? Presumably not, I’m not quite sure why though.
PRmoment Leaders
PRmoment Leaders is our new subscription-based learning programme and community, built by PRmoment specifically for the next generation of PR and communications leaders to learn, network, and lead.
PRmoment LeadersIf you enjoyed this article, sign up for free to our twice weekly editorial alert.
We have six email alerts in total - covering ESG, internal comms, PR jobs and events. Enter your email address below to find out more: