New analysis reveals that hundreds of workers are employed in green jobs in Oxford, but the UK is lagging behind other nations for green manufacturing.
The Institute for Public Policy Research has found the country has suffered an "exceptional decline" compared to international peers, losing a third of its manufacturing strength in 30 years.
However, it said "UK manufacturers still have a competitive edge in making some of the products vital for a net zero economy", adding there was potential to be "world-leading" with the right government support.
The analysis found on average, 689 people were employed in manufacturing sectors related to the green transition across the Oxford travel to work zone between 2016 and 2022.
READ MORE: Pub near Oxford defended after £700 wake food backlash
Of these, 116 had jobs in manufacturing parts for green transport, 335 were employed in heat pump manufacturing, while 238 were involved in industries like manufacturing parts for wind farms.
The IPPR said jobs in the net zero economy tend to be significantly more productive, paying on average £10,000 more per year than the national average salary.
It highlighted parts of the country that are well equipped to expand their capacity in green industries.
Out of 212 travel to work zones, Oxford was ranked 37th in green transport manufacture.
The think tank said despite the significant decline, the UK is already world-leading in making one in three products vital to the green transition.
It is also strong at making electric trains and their parts, heat pump components, and turbines for geothermal or hydro electricity generation.
READ MORE: Pat Butcher to attend 50th anniversary event near Bicester
Dr George Dibb, head of the IPPR’s centre for economic justice, said: "The UK faces three generational challenges: to deliver net zero, to level up and reinvigorate our economy, and to become more resilient to future shocks.
"These challenges have a common solution - seizing the growth opportunities of green manufacturing."
He added: "Over the past 30 years we have slipped sharply behind our global competitors in the quantity and kinds of things we actually make.
"That's bad for jobs, for living standards, for our security – and for our long-term economic strength as a country."
READ MORE: Bicester MP candidates share views on Oxford United stadium
Rain Newton-Smith, CEO of the Confederation of British Industry, said: "Green truly is the economic growth opportunity of the 21st century, with our research showing it could deliver as much as £57 billion to the UK economy. That's something we can't afford to miss out on, and our manufacturing sector is fundamental to helping us secure that prize.
"The race is now on to build on our expertise in advanced manufacturing and leverage our established supply chains to make the most of the green opportunities on offer.
"That's why we need stable regulatory and financial frameworks that support our manufacturers to invest in and grow their operations, with investment incentives and policy certainty at their core."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel