Net zeroing in on investment: Can the Government deliver a fair transition?

Resolution Foundation Events Podcast

The new Labour Government says it wants clean energy – and wider action on climate change – at the heart of its new economic strategy, pledging to go further and faster on decarbonising electricity, insulating homes, and shifting to electric vehicles than plans in the previous parliament.

These changes will facilitate economic growth and climate recovery in the long run, but the short-term costs in both political and actual capital investment should not be underestimated, and will need to be carefully considered. In particular, the Government should be acting now to ensure the costs are fairly shared, and do not lead to further declines in living standards for low-to-middle income households.

What scale of public investment can be achieved, given the condition of the public finances? How should the Government encourage the levels of private investment required? How can these costs be fairly shared across different regions and households? And will there be enough political will to deliver the investment needed for a fair transition?

Read the report: https://www.resolutionfoundation.org/publications/net-zero-investment/

View the event slides: https://www.resolutionfoundation.org/events/net-zeroing-in-on-investment/