UK’s growing green economy worth more than £100bn a year, research finds
Key points
- More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline – the UK’s green economy is powering ahead, according to research by the country’s leading business organisation.
- The net zero economy, which is worth more than £100bn a year, benefits all of the UK, according to the CBI Economics analysis commissioned by the Energy and Climate Intelligence Unit thinktank, despite critics who want to abolish the UK’s net zero targets.
- Net zero workers also enjoy higher wages, topping £43,000 a year on average, about 11% higher than the national average of £39,000. View image in fullscreen Viking windfarm in Shetland.
- Photograph: Dave Donaldson/Alamy Louise Hellem, chief economist for the CBI, said: “Clean power and decarbonisation are already a significant and growing part of the UK’s industrial base.
- Across energy, manufacturing, services and supply chains, the UK has the expertise to build on this...
Quick Summary
More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline – the UK’s green economy is powering ahead
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to UK’s growing green economy worth more than £100bn a year, re.
Key Takeaways
- More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline – the UK’s green economy is powering ahead, according to research by the country’s leading business organisation.
- The net zero economy, which is worth more than £100bn a year, benefits all of the UK, according to the CBI Economics analysis commissioned by the Energy and Climate Intelligence Unit thinktank, despite critics who want to abolish the UK’s net zero targets.
- Net zero workers also enjoy higher wages, topping £43,000 a year on average, about 11% higher than the national average of £39,000.
- View image in fullscreen Viking windfarm in Shetland.
- Photograph: Dave Donaldson/Alamy Louise Hellem, chief economist for the CBI, said: “Clean power and decarbonisation are already a significant and growing part of the UK’s industrial base.
📌 Source: The Guardian
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