Tens of thousands of jobs could be created in the north of England as a result of decarbonisation, but there are many risks to the transition, a new report has claimed. According to the Institute for Public Policy Research’s Risk or Reward report, as many as 46,000 jobs could be created in the power sector alone by 2030 – but the think tank was keen to stress there is significant risk with around 28,000 job losses in the coal, oil and gas industries expected during the same period. These figures are also without considering the other potential job losses in high-carbon, energy-intensive industries, and the wider economic and social implications that the loss of industry can bring about, with the IPPR highlighting the history of poorly managed industry transitions in the north.
Edie 11th March 2019 read more »