Today (Thursday) Labour’s manifesto will unveil a plan to create
one million good new jobs to tackle the climate emergency, reboot
British industry and end rampant inequality.
Labour’s plan will bring new wealth to the UK’s regions and
nations, which have been starved of investment following a lost
decade of Conservative austerity and Tory deindustrialisation in
the 1980s.
Labour has already set out detailed plans
to create hundreds of thousands of jobs in upgrading the nation’s
homes, rolling out offshore wind at scale and kick starting an
electric vehicle revolution.
Additional jobs unveiled in the 2019 manifesto including
those in carbon capture and storage (CCS), hydrogen, tidal
energy, the expansion of port infrastructure, tree planting,
flood defences and plastics recycling.
The global green economy is currently valued at $4
trillion, and is projected to grow to $9 trillion in value by
2030. Labour’s plans will put UK companies and workers in pole
position to benefit from the new economy.
Under plans already announced during this election
campaign, Labour will make sure people are able to access these
jobs by creating 320,000 climate apprenticeships and giving
everyone the right to upskill and retrain throughout their lives,
including in higher level technical
qualifications.
Speaking ahead of the manifesto launch, Leader of
the ,
said:
“This election is the last opportunity to take the vital
action to head off runaway climate change.
“The next Labour government will lead the world in tackling
the climate and environmental emergency with a plan to create a
low-carbon economy with well-paid jobs we can be proud of.
“Labour will bring the country together to face a common
challenge and mobilise all our national resources, both financial
and human, to kick-start a Green Industrial Revolution.
“Just as the original Industrial Revolution brought cutting
edge industry and jobs to our towns, Labour’s world-leading Green
Industrial Revolution will create rewarding, well-paid jobs and
whole new industries to revive parts of our country that have
been neglected for too long.”
Ends
Notes to Editors
Labour will:
Directly fund the transition through a £250bn Green
Transformation Fund dedicated to renewable and low-carbon energy
and transport, biodiversity and environmental restoration;
Create a National Investment Bank, backed up by a network
of Regional Development Banks, to provide £250 billion of lending
for enterprise, infrastructure and innovation over 10 years in
line with our mission to decarbonise our economy;
Set up a new Post Bank based in Post Office branches,
enabling thousands of bottom-up transformational changes by
start-ups, small businesses, local co-operatives and community
projects in towns and villages up and down the country.
Bring parts of our energy system into public ownership and
mandate the new National and Regional Energy Agencies to drive
through the transition by investing in renewable generation,
insulating nearly every home in the country, upgrading the grid
and rolling out EV charging infrastructure.
Establish joint ventures with the private sector on
renewable energy generation, taking a public equity stake in new
technologies so that profits can be reinvested in our
infrastructure and our communities.
Use public procurement to support British innovation, local
sourcing and reshoring, so that every investment we make
strengthens our manufacturing and engineering sectors and supply
chains and creates hundreds of thousands of good, unionised jobs
here at home.
Establish a Foundation Industries Sector Council to provide
a clean and long-term future for our existing heavy industries
like steel and glass and fund R&D into newer technologies
like hydrogen and carbon capture and storage.
Train people to do the jobs of the future by:
-
Creating 880,000 climate apprenticeships by 2030
-
Giving everyone a right to upskill or retrain by
obtaining higher technical qualifications for free throughout
their lives.
A million jobs will be created in the following
sectors:
