The Green Economy in Bristol and the West of ... - Miguel Mendonça

Contents
Executive Summary........................................................................................................................ 4
Baseline Figures...................................................................................................................................... 5
Recommendations.................................................................................................................................... 7
Section One – Developments in Green Technologies................................................8
Introduction..............................................................................................................................................8
Defining a Green Economy......................................................................................................................8
Market Development............................................................................................................................... 9
Low Carbon and Environmental Goods and Services (LCEGS)............................................................10
Regen SW Jobs and GVA Studies........................................................................................................... 14
Energy Savings Trust Jobs and GVA Modelling....................................................................................15
Direct Effects............................................................................................................................................15
Section Two – Policy........................................................................................................................16
UK Greenhouse Gas Emissions.............................................................................................................. 16
Government Strategy.............................................................................................................................. 16
Policy Drivers........................................................................................................................................... 18
Carbon Budgets and The Carbon Plan................................................................................................... 18
2050 Pathways Analysis..........................................................................................................................18
CRC Energy Efficiency Scheme.............................................................................................................. 20
EU Emissions Trading System (EU ETS).............................................................................................. 20
The Green Deal........................................................................................................................................ 21
The Feed­in Tariff (FIT).......................................................................................................................... 23
Local Energy Assessment Fund (LEAF).................................................................................................24
The Renewable Heat Incentive (RHI).....................................................................................................25
The Green Investment Bank (GIB).........................................................................................................26
Renewable Transport Fuels Obligation (RTFO).................................................................................... 26
Low Emission Vehicles (LEVs)............................................................................................................... 27
Climate Change Levy (CCL)................................................................................................................... 27
Policy Conclusions: The Fundamental Need for Stability.....................................................................28
Annex A....................................................................................................................................................31
Other Green Economy Aspects................................................................................................................31
Greening Retail: Marks and Spencer Plan A......................................................................................... 31
Selling services, not products..................................................................................................................31
Upcycling.................................................................................................................................................. 32
Materials Science..................................................................................................................................... 32
Sustainable Design and Greening the Creative Industries...................................................................33
The Food System......................................................................................................................................34
Social Enterprises, Cooperatives, Community Groups and Charities..................................................34
Wellbeing and Sustainability.................................................................................................................. 35
Conclusion: The Need for Strategic Collaboration.................................................................................36
Annex B....................................................................................................................................................37
Companies, Sales and Employment in the West of England Unitary Authorities.............................. 38
References.............................................................................................................................................. 42
The Green Economy in Bristol and the West of England
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