Some businesses and sectors will face significant challenges and costs in transitioning to net zero โ particularly energy-intensive industries. Net zero also has significant transformational and structural challenges for the foundational economy, such as in health, social care, retail and consumer services โ which employ a large workforce.
๐ฌ๐ผ๐ ๐๐ต๐ผ๐๐น๐ฑ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ฏ๐ฒ ๐ฎ๐๐ธ๐ถ๐ป๐ด:
– Which businesses face a major energy transition?
– Which industries face drastic restructuring?
– During and after the low carbon transition, where will be the major sources of jobs growth… and decline?
๐ง๐ต๐ฒ ๐ธ๐ถ๐ป๐ฑ๐ ๐ผ๐ณ ๐๐ฎ๐๐ธ๐ ๐ผ๐ฟ ๐ฝ๐ฟ๐ถ๐ผ๐ฟ๐ถ๐๐ถ๐ฒ๐ ๐๐ต๐ฎ๐ ๐๐ผ๐ ๐บ๐ฎ๐ ๐ป๐ฒ๐ฒ๐ฑ ๐๐ผ ๐ฎ๐ฑ๐ฑ๐ฟ๐ฒ๐๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
Identify your most energy intensive industries and firms. Conduct a review of their current plans and adaptation for a low carbon future. Manufacturing firms, in particular, should be a focus.
Consider the role of the foundational economy. Examples of the foundational economy are care and health services, food, and housing.
Land-based and agricultural industries are important, as are rural communities. Given their use of fossil-fuels and energy, less dense transport networks and availability of public transport and other infrastructure โ they require careful consideration, and perhaps a strategy of their own.
๐๐
๐ฎ๐บ๐ฝ๐น๐ฒ๐ ๐ผ๐ณ ๐น๐ผ๐ฐ๐ฎ๐น ๐ฎ๐ฐ๐๐ถ๐ผ๐ป
The National Manufacturing Institute Scotland has a net zero focus aimed at new product development, lightweighting, near net shape manufacturing, remanufacturing, resource efficiency and skills.
Circular Yorkshire is a campaign to raise awareness and inspire action around the circular economy. Delivery includes circular economy workshops, developing knowledge, advice and tools.
ReLondonโs Business Transformation programme is nurturing a vibrant ecosystem of circular businesses, supporting jobs and resilient economic growth in London.
Biodiversity enhancing solar farms have been designed and implemented by organisations such as Eden Renewables.
Cumbria Sustainable Tourism Toolkit provides help for businesses to understand more about more sustainable working practices and develop new unique selling points.
Destination net zero Programme (Scotland), Highlands and Islands Enterprise offers support to the tourism industry by funding for low carbon buildings and retrofits, EV, cycling and charging infrastructure, and net zero action plans for visitor destinations.
More in the main article linked to this post https://lnkd.in/edWkC2jW
5. Beyond slogans: a grown-up conversation about UK industrial strategy (Article 5 of 5 on industrial policy)
The preceding four articles have sought to build perspectives on the role of industrial development in local and regional economies. In this final article. I tie this together by looking at the role of industrial policy and strategy. The perennial question for the UK:...