Report: UK Export Finance could create 42,000 jobs if it dumps fossil fuels for clean energy

Cecilia Keating
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The UK government is currently underwriting each oil and gas sector job to the tune of 250k
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The UK government is currently underwriting each oil and gas sector job to the tune of 250k

Government export finance agency's ongoing support of oil and gas projects overseas is harming the environment, tarnishing the UK’s reputation as a climate leader, and limiting its potential to create jobs, according to a new analysis published today

The UK's export credit agency could support up to 42,000 jobs around the UK by 2035 if it switches it support for overseas fossil fuel projects to renewables and clean energy infrastructure, according...

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