Make Money And Save the World, Blair Says

British Labor government to invest 100 million pounds in renewable energy programs.

Published: 06-Mar-2001

LONDON (Reuters) - British Prime Minister Tony Blair tried on Tuesday to entice big business into investing in "green" technology, saying there was money to be made by helping save the world from the effects of global warming.

Blair announced a 100 million pound ($146.7 million) fund to boost investment in Britain in wind, solar and wave power. But some critics said he was just making a craven appeal for the environmental vote ahead of an expected spring election.

"Green technologies are on the verge of becoming one of the next waves in the knowledge economy revolution," Blair said in a speech to the Worldwide Fund for Nature.

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