UK Urged to Capitalize on Green Technology Edge

Think tank report highlights UK's potential in green manufacturing, calls for strategic government support to boost economy and achieve net zero.

The UK excels in producing a third of the 143 key green products needed for net zero, including electric trains and heat pump components.
A long-term strategy is needed to harness this advantage and revitalize domestic manufacturing in sectors like wind turbines and electric vehicles.
The Institute for Public Policy Research (IPPR) emphasizes maintaining heavy industries like steelmaking for economic resilience.
State subsidies and onshoring of factories are recommended to enhance competitiveness and reduce reliance on imports.
Labour Party and industry leaders support the call for a robust industrial strategy to secure future growth in green technologies.