Oddbean new post about | logout
▲ ▼
b8de67a3 | 1 years ago (raw) | export | reply | flag 
 If the #PortTalbot 'deal' to decarbonise #steel production (funding new technology, but also losing around 3,000 jobs) is typical, then the #GreentTransiton will need a clear & well supported plan for #workers transit into new sustainable industries/sectors.

The IMF reckons this will only effect around 1% of workers over the next decade (not unlike the the 4% reallocation of work by the shift to services since the 1980s), but what is key is the effected workers are supported, not abandoned!
▲ ▼
ed254804 | 1 years ago (raw) | root | parent | reply | flag 
 @43d7c4ea it’s also an issue with car production, Ev generally need less people to assemble and is an opportunity to modernise and streamline production. It’s one of the things they are striking about in the US

https://www.nytimes.com/2023/09/16/business/electric-vehicles-uaw-gm-ford-stellantis.html
▲ ▼
73cdba8d | 1 years ago (raw) | root | parent | reply | flag 
 @43d7c4ea Very much so, especially as Port Talbot is not that far from us. 
What I’d also like to see is some means of regionally enforcing not buying trad high-carbon steel in favour of only buying hydrogen-process steel.  Decarbonising steel is the key to decarbing everything else in the economy that uses steel.  And it would intensify local production and increase jobs. 

Equally there are established interests that would *not* like this at all.