Carbon Crunch Report on Net Zero Targets & UK Economy

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The Resolution Foundation has published a report entitled ‘The Carbon Crunch’. This report is the launch paper for a joint project between the Resolution Foundation and the London School of Economics. It outlines how net zero can be placed at the centre of the UK’s economic strategy and the importance of the next decade in getting back on track to the climate targets, but doing so in a way that shares the costs and benefits of the transition fairly. It states that “Decarbonisation represents a major economic change, with many sectors and regions set for significant shifts. ‘Clean growth’ will lead to new green jobs, the loss of some existing employment, a geographical shift in economic activity, and demand for new sets of skills”.