Rishi Sunak’s Summer Statement: Industry responds

Chancellor Rishi Sunak has confirmed a £3 billion green jobs plan to save money, cut carbon and boost employment in the wake of the coronavirus pandemic – but what do businesses think?

‘Renewable energy can provide 12,000 jobs and £20bn of new investment to the UK’

That’s according to new statistics published by RenewableUK, which show that next year’s auctions for contracts to generate clean power could have a massive positive effect on the economy if the government takes steps to maximise the benefits available

Investing in a green recovery ‘could create 1.6 million new jobs after the coronavirus crisis’

A new report from IPPR suggests delivering a clean and fair recovery, including a drive to insulate homes and fit low carbon heating, is the ‘best way’ to boost the economy

Scottish Goverment injects £5.5m into renewables and low carbon heating projects

Communities which struggle to maintain the security of their energy supply and businesses which seek renewable-fuelled growth will be prioritised for the funding

Government should help establish pension ‘superfunds’ to invest in UK’s green recovery

That’s the suggestion from think tank the Social Market Foundation, which says merged pension funds would be the ideal financier of building new roads, power sources and communications networks

Scottish Government announces £62 million fund for energy sector

The finance injection aims to help the energy sector recover from the “dual economic impacts” of the coronavirus pandemic and the oil and gas price crash

Almost 90% of public want raw materials to be used ‘more wisely’ in Scotland

A staggering 83% of the Scottish public agrees supermarkets should report publicly on their waste, according to a new survey

ScottishPower joins pledge to help vulnerable communities get through the crisis

The energy company has rolled out several offerings to help households and businesses during the pandemic

‘US oil production will not recover to pre-Covid-19 levels in 2021’

US monthly output is not likely to exceed 11.7 million barrels per day before 2022, according to a new report

‘Economic stimulation recovery plans should have net zero goals in mind’

Hanno Schoklitsch, CEO and Founder of Kaiserwetter spoke to future Net Zero Founder Sumit Bose, about the steps policymakers and businesses should follow to overcome the Covid-19 crisis