7 CONCLUSIONS |
238. The UK must rapidly move towards a greener
economy if it is to meet its ambitious climate change targets
for 2020 and 2050, and the associated interim carbon budgets.
Emissions reduction will be achieved through a combination of
measures, including: decarbonising the UK energy supply; domestic
and industrial energy efficiency; and low carbon transport solutions.
Low carbon technologies have a vital role to play in each of these.
There is the potential for these technologies to reduce the carbon
intensity of processes at every stage of the energy supply chainfrom
low carbon energy generation, through storage and transmission,
to end user efficiency.
239. The development of low carbon technologies
will require a significant degree of support from both the public
and private sector; however, they have the potential to make a
very significant contribution to economic growth and job creation
in the UK. In 2007/8, there were 881,000 so-called 'green jobs'
in the UK's low carbon and environmental goods and services sector.
This could potentially grow to over 1.27 million jobs by 2015.
There is scope for the rapid creation of local green jobs in every
community in the energy efficiency and building technologies sector.
In the longer-term, the growth of low carbon industries such as
offshore wind and marine energy could revitalise manufacturing
in the UK, providing jobs for reskilled workers from the oil and
240. Investment in low carbon technologies must
not simply be seen as part of the short-term economic recovery,
but also as a means of encouraging sustainable economic growth
over the decades to come.