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Net Zero Review
Net Zero Review Analysis exploring the key issues October 2021 Net Zero Review Analysis exploring the key issues October 2021 Crown copyright 2021 This publication is licensed under the terms of the Open Government Licence except where otherwise stated. To view this licence, visit Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at: Any enquiries regarding this publication should be sent to us at ISBN 978-1-911686-31-6PU 3161 1 Contents Executive summary 2 Chapter 1 Net Zero and the UK economy 9 Chapter 2 Net Zero and international competitiveness 22 Chapter 3 Understanding households' exposure to the net zero transition 43 Chapter 4 Factors affecting the degree of household exposure to the power, housing and electric vehicle transitions 50 Chapter 5 A low-cost transition 68 Chapter 6 The fiscal implications of the net zero transition 88 Annex A Methodology 97 Annex B Net Zero Review Interim Report: Labour Market Analysis 112 Annex C Embedding the Review 119 Annex D Engagement 126 2 Overview Global action to mitigate climate change is essential to long-term UK prosperity.
in high flood risk areas, and if shoreline management plans are not implemented, 5,000 properties could be affected by coastal erosion over the next twenty years as sea levels rise and more wave energy reaches the coast.2 The impacts of climate change across the world are even more significant. Average
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