economy
UK’s Growing Green Economy Worth More Than £100bn a Year, Research Finds
Net Zero Industry Accounts for More Than a Million Jobs and Benefits Whole Country, According to CBI Economics
TL;DR
- The UK's net zero economy is valued at over £100 billion annually.
- It directly and indirectly supports 1.1 million jobs.
- Average wages in the net zero sector are £43,000, 11% higher than the national average.
- An estimated £455 billion in potential investment is in the pipeline for energy infrastructure.
- The net zero economy generates nearly £120,000 per worker annually for the wider economy.
- Around 22,000 small businesses are involved in green economy activities.
- Critics advocate for abolishing net zero targets, while proponents argue it's vital for economic growth and energy security.
- Jobs in the North Sea oil and gas sector have declined significantly since 2013.