A report published by EnergyUK and PWC has outlined that the COVID-19 crisis has created a “golden opportunity” to re-imagine the UK economy for the better, with a recovery focused on sustainability with a clear vision of achieving net zero carbon.
The report asserts that the pandemic has created a number of societal themes, these are:
– Higher levels of home working;
– Better air quality and lower levels of noise pollution;
– Affordable and reliable energy supply;
– More localised supply chains;
– Desire to improve social equity.
In light of the these, the report goes on to outline a number of policy recommendations which include investment in the acceleration of low carbon transportation, as well as a programme committed to upgrading housing infrastructure. Furthermore, it is believed that that the adoption of these measures would create hundreds of thousands of jobs across the country to boost the post-COVID economic recovery.
Janine Freeman, PWC’s new energy leader concludes that, “this terrible experience provides us with a unique opportunity – an opportunity to pivot and to create jobs in a fairer, cleaner and more resilient economy”.