Key facts
- Over 40 progressive economists have written to Unite leader Sharon Graham.
- The economists rejected Graham's claim that Ed Miliband's net-zero policies would destroy jobs.
- Graham had stated Miliband's commitment to net zero would be a "noose around the neck" of job creation.
- The economists argued the climate transition is a large driver of industrial job creation in the UK.
- They stated the net-zero economy generates over £100bn and employs over a million workers.
- Signatories include Kate Pickett, Danny Dorling, Daniela Gabor, and James Meadway.
- Miliband has advocated for investment in green energy for jobs and growth.
Progressive economists have publicly refuted claims made by Unite leader Sharon Graham that Ed Miliband's commitment to net-zero policies would negatively impact job creation in the UK. Graham had suggested that Miliband's focus on environmental targets, without sufficient consideration for jobs, skills, and national security, would hinder economic growth.
In an open letter addressed to Graham, over 40 economists, including prominent figures like Kate Pickett and Daniela Gabor, argued that the transition to a green economy is a significant driver of industrial job creation. They highlighted that the net-zero sector currently generates over £100 billion in output and employs more than a million workers, with expectations of further growth. The signatories asserted that Miliband is correct in opposing further expansion of North Sea oil and gas extraction, emphasizing that there is no alternative to the green transition due to the ongoing effects of climate change.
Miliband himself has recently spoken about the benefits of green energy investment for jobs and growth, stating that the UK's clean economy is "booming." The intervention from these economists aims to bolster support for ambitious economic policies within the Labour party, particularly as Andy Burnham is expected to become Prime Minister soon. The debate over who should succeed Rachel Reeves as Chancellor of the Exchequer is ongoing, with Miliband considered a leading candidate.