The Irish State electricity utility ESB  plans to create 3,700 new jobs as part of a stimulus plan based centred on renewable energy. The announcement appears to be a recycling of March 2008 news, when the ESB announced a Strategic Framework to 2020 that would see major company investment in renewable energy, the halving of its carbon emissions within 12 years, and the achievement of carbon net-zero by 2035. Fifty percent of the overall investment package was to be geared towards investments in renewables. €4bn of this would be directly invested in renewable energy projects and €6.5bn will be spent facilitating renewables including smart metering and smart networks.