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GB Energy's 1,000-Job Pledge May Take 20 Years, Chairman Confirms

The Labour-backed renewable energy firm admits slower-than-promised job creation and uncertainty over energy bill reductions.

  • GB Energy chairman Juergen Maier stated it could take 20 years to meet the Labour Party's pledge of creating 1,000 jobs in Aberdeen.
  • The company plans to create 200 to 300 jobs in the next five years, with further growth dependent on its long-term development as a major energy player.
  • The Labour Party had promised GB Energy would reduce household energy bills by up to £300, but no timeline has been provided for achieving this goal.
  • Critics, including political leaders and unions, have expressed concerns over slow progress and potential risks of under-delivering on job creation and green energy promises.
  • Business leaders in Aberdeen have urged GB Energy to accelerate its efforts to provide confidence to the local workforce transitioning from oil and gas to renewables.
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