UK Powerhouse Reveals Latest Findings
A new economic report published today has revealed the huge potential for Oxford to be one of the most environmentally sustainable cities in the UK.
According to UK Powerhouse, a report by Irwin Mitchell and the Centre for Economic & Business Research (Cebr), Oxford will not only be in the top three for economic growth (GVA*) during Q1 2021 - the quarter when the transition period in the UK’s current Withdrawal Agreement is set to have ended.
Oxford also comes second in the list for the highest share if the population using zero emission transport**.
Although Oxford was beaten into second place by Cambridge, Oxford outperformed Cambridge when it came to low emission transport***. Here Oxford came 9th compared to Cambridge’s 21st position.
The report also looked at the areas with the highest number of solar panel installations. Oxford appears low down in 32nd place. However, out of all the English Powerhouse cities in the report, Oxford is ranked 3rd for waste recycling.
When it comes to carbon dioxide per capita, the latest figure revealed that Oxford had reduced its year on year figure by 5.1% putting it in 30th place with a figure of 4.4 kt CO2 per person.
Expert Opinion
“In June, the UK has announced its ambition to achieve net zero carbon emissions by 2050, the first major economy to do so. The ever-more urgent topic of climate change and sustainability has reached the highest level of government and it’s important that business recognise not only the important role they have to play, but also the opportunities that exist.
“In the case of Oxford, it performs well in some indicators of environmental sustainability but poorly in others. If it can continue to improve its share of low- and zero-emission transport, carbon emissions can decrease even further making it possible for Oxford to become one of the most sustainable cities in the UK.”
Victoria Brackett - Group Chief Commercial Officer
Methodology Note
All forecasts in this report utilise Cebr’s central scenario. Cebr’s central forecasts are based on the assumption that an amended version of the Brexit withdrawal agreement will form the basis of the future UK – EU relationship. We further assume that a transitional arrangement will be put in place that allows a continuation of the current relationship without any major disruptions until at least 2021. On the immigration policy, we rely on the lower immigration population estimates assuming that a visa system will be implemented for EU nationals, but that the requirements (e.g. the minimum salary, the NHS surcharge payment, the application fees, etc.) would be more relaxed than they currently are for non-EU nationals requiring a visa.
* Gross value added
**Zero emission transport includes travel by walking or cycling
***Low emission transport include travels by bus/coach, national rail and underground