Rishi Sunak is planning a “green industrial revolution” to help to create jobs for people who are made redundant because of the pandemic. The chancellor is preparing to bolster the government’s investment in clean energy as part of an economic stimulus package next month. There could also be a fund to help to “reskill” workers so they can get green jobs in areas such as insulation upgrades, offshore wind and carbon capture. The measures are understood to go significantly beyond the Conservative’s manifesto commitment to create two million jobs in clean energy within the next decade. The Tories have promised to cut greenhouse gas emissions to “net-zero” by 2050. Lord Darling of Roulanish, a former Labour chancellor, warned that there would be mass redundancies unless the government began developing policies to retrain those who lost their jobs.
Times 3rd June 2020 read more »
The UK’s net-zero transition can be the perfect remedy to the economic and health crises caused by the coronavirus, according to a new WWF-commissioned report that suggests that net-zero could deliver more than £90bn in annual benefits to the UK while growing the job market. The new report commissioned by WWF and produced by Vivid Economics, suggests that the UK can unlock up to £90bn in annual benefits by spurring a green recovery from the coronavirus pandemic by focusing on the net-zero transition. During the first three months of 2020, the UK has experienced its sharpest economic collapse since the peak of the financial crisis. Calls for a green recovery remain persistent, with health officials and business leaders repeatedly calling for a focus on low-carbon solutions and stimulants. The new report published today (3 June) suggests that a green recovery could push the UK towards its net-zero target while boosting job prospects, contributing to the economy and improving public health. Notably, the report shows that transitioning to net-zero could create at least 210,000 jobs by 2030 and 351,000 by 2050 in sectors such as the built environment, electric vehicles (EVs) and power generation. Green buildings could support around 85,000 jobs by 2030 and heating and cooling systems set to add 7,000 jobs. Elsewhere, EVs would support around 11,000 jobs by 2030 while the expected rapid growth in battery and charging technologies could support an additional 5,500 jobs.
Edie 3rd June 2020 read more »
Caroline Lucas: It was little more than a year ago that Parliament declared a climate emergency. The following month, legislation was passed requiring the Government to reduce the UK’s emissions of greenhouse gases to net zero by 2050. Nowhere near ambitious enough, but significant nonetheless. While the Government struggles with its response to a global health crisis, even that ambition has been side-lined. Ministers’ focus is now on how to relax the lockdown while protecting public health. But pressing the re-start on the economy is exactly the moment when the Government should turn its attention to those climate ambitions and bring forward the date for reaching net zero. As the IPPR’s Environmental Justice Commission (of which I am co-chair) has set out in a recent report, we need to move ‘Further, Faster and Fairer’ to tackle the climate and nature crises while ensuring a just transition so that no-one is left behind.
Praseg 2nd June 2020 read more »