Monday, 24 February 2025

Money In Net Zero!

 


In 2024, the UK net zero sector (concerned with alternatives to technologies, releasing massive 'greenhouse gas' emissions) grew an impressive 10%. This added £83bn to the gross value added measure. This sector's growth was three times faster than the UK's overall economy. It seems a 'no-brainer' to focus hopes of both an economic upturn and fuel security on this sector. It generates high wage jobs and cuts climate change  (https://www.theguardian.com/environment/2025/feb/24/britain-net-zero-economy-booming-cbi-green-sector-jobs-energy-security). The UK government has recently pledged £200m to the area around Grangemouth Oil Refinery site. Grangemouth was the last UK oil refinery and its closure has led to hundreds of job losses. It's hoped this investment will attract alternative employment into the area  (https://www.theguardian.com/politics/2025/feb/23/keir-starmer-pledges-200m-for-grangemouth-oil-refinery-site). Fairly obviously, the most likely source of high wage jobs for former oil refinery workers would be the net zero sector. Jobs, improving building insulation as well as making and fitting wind, solar and geothermal devices would be beneficial both locally and nationally. Former workers in the 'fossil fuel sector' need to be given alternatives.

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Money In Net Zero!

  In 2024, the UK net zero sector (concerned with alternatives to technologies, releasing massive 'greenhouse gas' emissions) grew a...