{"id":98290,"date":"2024-05-29T20:01:15","date_gmt":"2024-05-29T17:01:15","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=98290"},"modified":"2024-05-29T20:01:17","modified_gmt":"2024-05-29T17:01:17","slug":"uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/","title":{"rendered":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year"},"content":{"rendered":"\n

<\/p>\n\n\n\n

A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs \u2013 an important factor that is missing from other analyses. This brings the total annual investment needed to 2030 down to \u00a318-25 billion.<\/p>\n\n\n\n

The study \u2013 conducted by the\u00a0Smith School of Enterprise and the Environment<\/a> of Oxford University \u2013 said that around 80\u201387% of low-carbon <\/a>investments \u2013 like heat pumps and EVs – will reduce overall costs to consumers over the technologies\u2019 lifetimes, relative to continued reliance on fossil fuel technologies like gas boilers.<\/p>\n\n\n\n

And a \u201cwell-coordinated\u201d household sector transition \u2013 with heat pumps and electric vehicles \u2013 could deliver net savings of up to \u00a3380 a year for households with one car and a heatpump.<\/p>\n\n\n\n

Dr Anupama Sen<\/a>, co-author and Head of Policy Engagement at the Smith School of Enterprise and the Environment, University of Oxford, said ‘The total amount of annual investment needed from the public and private sectors is around 0.7\u20131% of GDP, this equates to \u00a35-\u00a37 a week \u2013 the cost of two cups of coffee \u2013 per person per year, while vulnerable households could be protected from any additional costs at all. In contrast, the cost of inaction, which an LSE study estimated at 1.1% of GDP in 2022 and 3.3% of GDP by 2050, will continue to rise’.<\/p>\n\n\n\n

Investments to deliver net zero could create approximately 250,000 full-time equivalent jobs by 2030. These include 150,000 \u2018direct jobs\u2019 and a further 100,000 \u2018indirect\u2019 jobs in the construction, installation and operation of new technologies, as well as jobs further up the UK supply chain such as manufacturing.<\/p>\n\n\n\n

At least 4 out of 5 low-carbon investments are cost-reducing compared to their fossil fuel equivalents. ‘A focus on only the initial costs of adoption denies households and businesses significant savings that low-carbon technologies offer, for example when a household has to replace an ageing boiler or vehicle in the coming years as millions of businesses and homes will be doing,’ explained Dr Sen.<\/p>\n\n\n\n

Sam Fankhauser<\/a>, co-author and Professor of Climate Economics at the Smith School of Enterprise and the Environment, University of Oxford, said ‘The consistent implementation of climate targets will make the difference between meeting the Paris objectives or condemning the planet to increasingly dangerous climate change. Our evidence shows that high inflation is no barrier to the UK\u2019s 2030 targets, particularly when we consider the savings from the lower running costs of clean technologies like solar and heat pumps. But investment decisions need to be made soon if we are to avoid raising the costs of climate change for both households and the planet, while gaining the benefits of decarbonization, which include reduced air pollution and improved energy security.’<\/p>\n","protected":false},"excerpt":{"rendered":"

A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs \u2013 an important factor that is missing from other analyses. This brings the total annual investment needed to 2030 down to \u00a318-25 billion. The study \u2013 conducted by the\u00a0Smith School of Enterprise and […]<\/p>\n","protected":false},"author":410,"featured_media":98291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984],"tags":[15367,11614,15719],"yoast_head":"\nUK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt<\/title>\n<meta name=\"description\" content=\"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt\" \/>\n<meta property=\"og:description\" content=\"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Csr Egypt\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/csregypt\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-29T17:01:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-29T17:01:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"575\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marwa Zein\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:site\" content=\"@egyptcsrforum\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marwa Zein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\"},\"author\":{\"name\":\"Marwa Zein\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec\"},\"headline\":\"UK Study: Adopting net zero technologies to save \u00a312-15bn a year\",\"datePublished\":\"2024-05-29T17:01:15+00:00\",\"dateModified\":\"2024-05-29T17:01:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\"},\"wordCount\":446,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/csregypt.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg\",\"keywords\":[\"decarbonization\",\"net zero\",\"UK Study\"],\"articleSection\":[\"news\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\",\"url\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\",\"name\":\"UK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/csregypt.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg\",\"datePublished\":\"2024-05-29T17:01:15+00:00\",\"dateModified\":\"2024-05-29T17:01:17+00:00\",\"description\":\"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs\",\"breadcrumb\":{\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage\",\"url\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg\",\"contentUrl\":\"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg\",\"width\":1200,\"height\":575,\"caption\":\"UK Study: Adopting net zero technologies to save \u00a312-15bn a year\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/csregypt.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK Study: Adopting net zero technologies to save \u00a312-15bn a year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/csregypt.com\/#website\",\"url\":\"https:\/\/csregypt.com\/\",\"name\":\"\u0633\u064a \u0625\u0633 \u0622\u0631 \u0645\u0635\u0631\",\"description\":\"The first portal for CSR in Egypt and Middle East\",\"publisher\":{\"@id\":\"https:\/\/csregypt.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/csregypt.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/csregypt.com\/#organization\",\"name\":\"CSR\",\"url\":\"https:\/\/csregypt.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png\",\"contentUrl\":\"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png\",\"width\":1080,\"height\":1080,\"caption\":\"CSR\"},\"image\":{\"@id\":\"https:\/\/csregypt.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/csregypt\/\",\"https:\/\/x.com\/egyptcsrforum\",\"https:\/\/www.instagram.com\/csr.egypt\/\",\"https:\/\/www.linkedin.com\/in\/csr-egypt-43381ab5\/\",\"https:\/\/www.pinterest.com.au\/csregypt\/\",\"https:\/\/www.youtube.com\/channel\/UCh21PZpnBj2yjj2PeclXz1g\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec\",\"name\":\"Marwa Zein\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/csregypt.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g\",\"caption\":\"Marwa Zein\"},\"sameAs\":[\"http:\/\/marwazein1982@gmail.com\"],\"url\":\"https:\/\/csregypt.com\/en\/author\/marwa-zein\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt","description":"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/","og_locale":"en_US","og_type":"article","og_title":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt","og_description":"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs","og_url":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/","og_site_name":"Csr Egypt","article_publisher":"https:\/\/www.facebook.com\/csregypt\/","article_published_time":"2024-05-29T17:01:15+00:00","article_modified_time":"2024-05-29T17:01:17+00:00","og_image":[{"width":1200,"height":575,"url":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","type":"image\/jpeg"}],"author":"Marwa Zein","twitter_card":"summary_large_image","twitter_creator":"@egyptcsrforum","twitter_site":"@egyptcsrforum","twitter_misc":{"Written by":"Marwa Zein","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#article","isPartOf":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/"},"author":{"name":"Marwa Zein","@id":"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec"},"headline":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year","datePublished":"2024-05-29T17:01:15+00:00","dateModified":"2024-05-29T17:01:17+00:00","mainEntityOfPage":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/"},"wordCount":446,"commentCount":0,"publisher":{"@id":"https:\/\/csregypt.com\/#organization"},"image":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage"},"thumbnailUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","keywords":["decarbonization","net zero","UK Study"],"articleSection":["news"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/","url":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/","name":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year - Csr Egypt","isPartOf":{"@id":"https:\/\/csregypt.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage"},"image":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage"},"thumbnailUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","datePublished":"2024-05-29T17:01:15+00:00","dateModified":"2024-05-29T17:01:17+00:00","description":"A new UK study uncovered that adopting net zero technologies will save \u00a312-15 billion a year because they have lower operating costs","breadcrumb":{"@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#primaryimage","url":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","contentUrl":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","width":1200,"height":575,"caption":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year"},{"@type":"BreadcrumbList","@id":"https:\/\/csregypt.com\/en\/uk-study-adopting-net-zero-technologies-to-save-12-15bn-a-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/csregypt.com\/"},{"@type":"ListItem","position":2,"name":"UK Study: Adopting net zero technologies to save \u00a312-15bn a year"}]},{"@type":"WebSite","@id":"https:\/\/csregypt.com\/#website","url":"https:\/\/csregypt.com\/","name":"\u0633\u064a \u0625\u0633 \u0622\u0631 \u0645\u0635\u0631","description":"The first portal for CSR in Egypt and Middle East","publisher":{"@id":"https:\/\/csregypt.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/csregypt.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/csregypt.com\/#organization","name":"CSR","url":"https:\/\/csregypt.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png","contentUrl":"https:\/\/www.csregypt.com\/wp-content\/uploads\/2019\/05\/logos-7.png","width":1080,"height":1080,"caption":"CSR"},"image":{"@id":"https:\/\/csregypt.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/csregypt\/","https:\/\/x.com\/egyptcsrforum","https:\/\/www.instagram.com\/csr.egypt\/","https:\/\/www.linkedin.com\/in\/csr-egypt-43381ab5\/","https:\/\/www.pinterest.com.au\/csregypt\/","https:\/\/www.youtube.com\/channel\/UCh21PZpnBj2yjj2PeclXz1g"]},{"@type":"Person","@id":"https:\/\/csregypt.com\/#\/schema\/person\/5df2c73ec5c5eaada424a85f98cd7bec","name":"Marwa Zein","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/csregypt.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/383ed3b7c60ec18a972e284b402d1b29?s=96&d=mm&r=g","caption":"Marwa Zein"},"sameAs":["http:\/\/marwazein1982@gmail.com"],"url":"https:\/\/csregypt.com\/en\/author\/marwa-zein\/"}]}},"jetpack_featured_media_url":"https:\/\/csregypt.com\/wp-content\/uploads\/2024\/05\/solar_net_zero-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/98290"}],"collection":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/users\/410"}],"replies":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/comments?post=98290"}],"version-history":[{"count":2,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/98290\/revisions"}],"predecessor-version":[{"id":98392,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/posts\/98290\/revisions\/98392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/media\/98291"}],"wp:attachment":[{"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/media?parent=98290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/categories?post=98290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csregypt.com\/en\/wp-json\/wp\/v2\/tags?post=98290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}