Plans for the transitions to a low carbon economy will only be achievable if there is a change in "political, economic and industrial thinking", it has been claimed.
Tom Delay, chief executive of The Carbon Trust, said that the proposals were "very welcome", but added that they required "Herculean effort" to implement.
The government intends to generate a third of electricity needed in the UK from renewable energy sources by 2010.
It also plans to roll out smart meters and other energy saving products in its aim to cut carbon emissions by 34 per cent from 1990 levels in the next 11 years.
"The true test of this new clean tech industrialism is how this new policy framework drives the action and investment needed from business," Mr Delay explained.
"To deliver this project we will need Herculean effort, and sustained political and engineering action. We can boost our economy, create new industries and new jobs, but we must take action now or risk letting this tremendous opportunity slip between our fingers."
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