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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 economic growth and net zero initiatives are complementary, viewing net zero as a significant industrial opportunity.
- Despite criticisms from parties like Reform UK, the Confederation of British Industry asserts that green growth is essential for economic prosperity and energy security.
Key quote:
“These numbers speak for themselves. Net zero is essential to growth, a strong economy, and money in working people’s pockets."
— Ed Miliband, UK energy secretary
Why this matters:
While the public may remain skeptical about the promised "green jobs" bonanza, the tangible benefits — higher wages, increased energy security, and regional revitalization — are becoming increasingly evident. As the UK continues to invest in its net zero future, the intertwining of environmental responsibility and economic opportunity becomes ever more apparent.
Read more: Labor and environmental groups can both win in the clean energy transition. Here’s how.