UK’s Trades Union Congress (TUC) has reportedly warned that approximately 660,000 jobs in the country could be at risk if it continues to lag behind other nations in terms of green infrastructure investments and employment creation.
The TUC indicated that workers and their families in the industrial heartlands would be notably impacted by the worst, with the northwest of England losing 39,100 jobs compared to London's 8,100.
Report claims that impact on the UK economy due to jobs moving "offshore" to nations that are at the forefront of green investment and technology will be especially severe in the UK's industrial heartlands, Yorkshire and the Humber.
According to other studies, the United Kingdom ranks second from the bottom of the G7 economies in green investment and job creation.
Despite Prime Minister Boris Johnson's claims to be a key driver in the fight against global warming, this comes as a shock.
Sources cite that over the next decade, the UK Treasury is expected to invest approximately £180 for each person on jobs and green recovery. In contrast, US President Joe Biden intends to spend more than £2,960 per person on green recovery.
In terms of population, UK's green recovery spending is only 21% to that of Canada, 24% that of France, and 6% that of the United States.
According to TUC, which recently started its virtual 2021 Congress, around 259,700 jobs were at direct risk in manufacturing, while a further 407,100 where under risk in supply chains. It claims that jobs in British steel were particularly in danger as production of steel is currently dependent on coal.
Frances O’Grady, General Secretary, TUC, says that the world is clearly moving in one direction, i.e. away from carbon and toward net zero. She assured that there is still time to protect jobs in manufacturing and its supply chains, but the clock is ticking.