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Seizing sustainable growth opportunities from zero emission passenger vehicles in the UK

Author

Listed:
  • Ralf Martin
  • Sam Unsworth
  • Anna Valero
  • Dennis Verhoeven

Abstract

This is a Special report for the LSE Growth Commission, produced with the Centre for Economic Performance, that provides a set of actionable recommendations to the UK government to drive sustainable growth in the context of passenger vehicles. Subsequent reports in the series will cover other areas of the economy. The race is on between economies to become cleaner, smarter and more efficient. For the United Kingdom to be competitive in this race, it first needs to understand where the transition to net-zero greenhouse gases brings opportunities to boost resource and labour productivity and the quality of jobs. Then it must orient policies, investment and regulation to seize these opportunities across the economy in order to stimulate sustainable and inclusive growth in the UK over the coming years. This report sets out the principles to guide these processes. It focuses on the goods and services related to passenger vehicles, identifying the multiple areas in which the UK could be competitive: opportunities lie in diverse goods and services across value chains and stages of innovation.

Suggested Citation

  • Ralf Martin & Sam Unsworth & Anna Valero & Dennis Verhoeven, 2020. "Seizing sustainable growth opportunities from zero emission passenger vehicles in the UK," CEP Reports 37, Centre for Economic Performance, LSE.
  • Handle: RePEc:cep:cepsps:37
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    File URL: https://cep.lse.ac.uk/pubs/download/special/cepsp37.pdf
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    Citations

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    Cited by:

    1. Jiaqi Li & Anna Valero & Guglielmo Ventura, 2020. "Trends in job-related training and policies for building future skills into the recovery," CVER Research Papers 033, Centre for Vocational Education Research.
    2. Ralf Martin & Dennis Verhoeven, 2022. "Knowledge spillovers from clean and emerging technologies in the UK," CEP Discussion Papers dp1834, Centre for Economic Performance, LSE.
    3. Fankhauser, Samuel & Kotsch, Raphaela & Srivastav, Sugandha, 2020. "The readiness of industry for a transformative recovery from COVID 19," LSE Research Online Documents on Economics 106995, London School of Economics and Political Science, LSE Library.
    4. Stern, Nicholas & Valero, Anna, 2021. "Innovation, growth and the transition to net-zero emissions," Research Policy, Elsevier, vol. 50(9).

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