How net zero push is impacting Britain's economy - including some nice salary bumps
- The North East's net zero economy is valued at £2.3 billion and has grown by 10% in the past year, according to the CBI report released today.
- Over 10,000 jobs are anticipated to be created from net zero projects in Tyneside, Teesside, and Wearside, according to the report.
- The sector employs 31,800 full-time workers, which is 2.8% of the North East workforce according to the CBI report.
- For every £1 generated by the net zero economy, £1.89 was created in the wider economy, demonstrating its significant impact.
11 Articles
11 Articles
Britain’s net zero economy is thriving
The UK's green economy is outpacing overall growth, creating high-paying jobs and enhancing energy security, according to a recent analysis.Damian Carrington reports for The Guardian.In short:The net zero sector expanded by 10% in 2024, contributing £83 billion in gross value added, and now employs nearly a million people with average salaries £5,600 above the national average.Political figures like Chancellor Rachel Reeves emphasize that econom…
Net Zero to Cost Same Amount as Starmer's Defence Uplift
The Climate Change Committee has unveiled its latest carbon budget as part of the government’s drive toward Net Zero. Unsurprisingly, it comes with a hefty price tag. The quango estimates that “the net costs of Net Zero will be around 0.2% of GDP a year on average” until 2050—amounting to roughly £5 billion annually over the next 25 years.[…] Read the rest
How net zero push is impacting Britain's economy - including some nice salary bumps
While some Conservative and Reform MPs have criticised the push towards net zero, new figures suggest the green economy is a significant driver of growth, innovation, and productivity across the UK. And the salaries are better, too.
Economy update: Net zero 'essential to GDP growth' as UK boosted by £83bn thanks to 'clean energy'
Britain's net zero sector is growing at triple the rate of the wider economy, according to a new analysis released by the Confederation of British Industry (CBI) this morning
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