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Ian Brinkley
Economic Advisor
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Charles Levy
Senior Economist

Partner Workshop: Future Scenarios for the Low - Carbon Economy

Tuesday, 02 February 2010
08:30 - 11:00
The Work Foundation, 21 Palmer Street, London

Forming part of our forward-looking Knowledge Economy research programme, this workshop examined the potential for the drive towards a low-carbon economy to create new, high-quality work in the UK by 2020. Together with EDF Energy, we hosted this event to present our emerging findings and to develop our analysis further.

To complement existing forecasts and to understand better their implications for the UK economy, The Work Foundation’s Knowledge Economy programme is in the process of developing three scenarios for the future development of these industries:

1. Using and installing carbon-reducing technologies: The creation of jobs using and installing technologies reduce carbon dioxide emissions from the power sector, our homes and workplaces, and transport.
2. High value products and associated support services: A vision of UK technologies at the cutting edge of a range of low- carbon activities, supporting the export of high- value products and associated support services globally.
3. Development of services related to a low- carbon agenda: The development of world class business, financial and other services related to the low- carbon agenda, serving domestic and global markets.

 

A clear theme emerged in the workshop relating to the risks associated with the development of these activities without further state intervention. Unlike other industries, where we can project forward based on history, common drivers of change and well- understood demand, this knowledge is absent for new low- carbon activities. So, without a strong long- term framework for investment, risk dominate decisions about investments in new low-  carbon technologies, skills and infrastructure.

The speakers event were: 

Kevin Boram, Head of Strategic Projects, EDF Energy 
Ian Brinkley, Programme Leader - Knowledge Economy, The Work Foundation
Charles Levy, Researcher - Knowledge Economy, The Work Foundation

 

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