Shipping: Carbon Emissions

(asked on 14th October 2021) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government what assessment they have made of the level of economic development that investing in maritime decarbonisation will provide to the UK’s coastal communities.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 26th October 2021

The Department has made no assessment of the potential effect on coastal communities of providing Government funding for maritime decarbonisation. However, in 2019, alongside the Clean Maritime Plan, the Department published an assessment which identified that low and zero emissions shipping could result in potential economic benefits to the UK of around £360-£510 million per year by the middle of the century.

Maritime UK has published its views that investment in maritime decarbonisation could in future create jobs in all four nations of the United Kingdom, particularly in coastal communities with a tradition of maritime economic activity, including shipbuilding.

Industry research estimates that in 2017 the UK maritime sector as a whole directly supported more than 220,000 jobs for UK employees.

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