Already, the minister adds, \”green technology and services\” account for an estimated nine per cent of Welsh GDP.
I\’m not sure whether to believe it or not. I\’m equally not sure what to think about it if it is true.
Green stuff is twice the proportion of the Welsh economy than The City is for the UK? Getting on for the sort of proportion that manufacturing is of the economy (13% or so)? The same as the NHS?
Seems very difficult to believe really. Especially as GDP measures \”value added\” and much greenery is in fact value subtractive.
Wonder how the got to that number?
Wonder how they got to that number?
The answer is in the quote.
It was ‘estimated’. Q.E.D.