It is reported today that a company called Britishvolt will build a huge ‘gigaplant’ making electric car batteries in Blyth in Northumberland. There are huge numbers attached to this: £2.6 billion of investment, 3,000 people directly employed and another 5,000 jobs promised in the supply chain for the factory.
I really hope that this stuff happens, even in part. That’s partly because I’d love to see more proof that the transition to a lower-carbon economy really can translate into tangible economic benefit. Though I’m in favour of Net Zero and decarbonisation, I do worry that the political case for them is sometimes being sold on promises of economic gain that will not always deliver tangible benefits to the voters whose consent for low-carbon policies will always be needed. I also get very suspicious when I see big, round numbers being quoted for jobs created in the supply chain for promised developments.

Get Britain's best politics newsletters
Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in