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UNION leaders are calling for new investment to meet net-zero targets, saying it would create high-quality jobs in transport and manufacturing.
The TUC has set out an investment plan for public transport across England and Wales, arguing it would improve quality of life and boost the economy.
The union organisation says its proposals fill a gaping hole in the government’s recently published net-zero strategy, which it claims fails to explain how it will achieve a shift away from car use.
The TUC says its plan would require an average of £9.9 billion in annual capital expenditure up to 2035.
Extra operating costs for expanded bus, tram and rail services would reach £18.8bn a year by 2030, its report, published today, says.
The plan is estimated to boost annual economic growth by £52.1bn by 2030 through productivity gains, creating 140,000 jobs in the bus, tram, and rail sectors.
A further 830,000 jobs would be created in manufacturing, construction, and infrastructure for buses and trams up to 2035, says the TUC.
TUC general secretary Paul Nowak said: “Everyone knows that we have to cut carbon emissions and that switching to public transport is a big part of how do it.
“Investing in public transport will help us meet net-zero targets and reduce the threat of catastrophic climate change, and it creates jobs throughout England and Wales, boosts the economy in every community and improves everyone’s quality of life.
“Commuters will have faster and cheaper journeys to work. New connections will bring new businesses to places where people need economic opportunities.
“We will save lives with cleaner air, and we will reduce loneliness and isolation by making everyone better connected, wherever you live.
“With this report, we’ve done the work that Conservative ministers should have done with their empty and incompetent net-zero strategy.”
RMT general secretary Mick Lynch, who will be speaking at the launch of the report today, said it shows that investing in public transport is vital for fighting climate change and delivering significant economic and social benefits.
He said: “This report shows that there is an alternative where we can expand and invest in our transport infrastructure.
“It is therefore vital that bus and rail services all run as a public service under a public ownership model which is free from profit-hungry multimillion-pound private companies.”