UK Carbon Market Set to Create 135,000 Jobs and $1.3B in Tax Revenue by 2035
Affiliate Disclosure
Hey fellow impactful ninja ?
You may have noticed that Impactful Ninja is all about providing helpful information to make a positive impact on the world and society. And that we love to link back to where we found all the information for each of our posts.
Most of these links are informational-based for you to check out their primary sources with one click.
But some of these links are so-called "affiliate links" to products that we recommend.
Why do we add these product links?
First and foremost, because we believe that they add value to you. For example, when we wrote a post about the environmental impact of long showers, we came across an EPA recommendation to use WaterSense showerheads. So we linked to where you can find them. Or, for many of our posts, we also link to our favorite books on that topic so that you can get a much more holistic overview than one single blog post could provide.
And when there is an affiliate program for these products, we sign up for it. For example, as Amazon Associates, we earn from qualifying purchases.
What do these affiliate links mean for you?
First, and most importantly, we still only recommend products that we believe add value for you.
When you buy something through one of our affiliate links, we may earn a small commission - but at no additional costs to you.
And when you buy something through a link that is not an affiliate link, we won’t receive any commission but we’ll still be happy to have helped you.
What do these affiliate links mean for us?
When we find products that we believe add value to you and the seller has an affiliate program, we sign up for it.
When you buy something through one of our affiliate links, we may earn a small commission (at no extra costs to you).
And at this point in time, all money is reinvested in sharing the most helpful content with you. This includes all operating costs for running this site and the content creation itself.
What does this mean for me personally?
You may have noticed by the way Impactful Ninja is operated that money is not the driving factor behind it. It is a passion project of mine and I love to share helpful information with you to make a positive impact on the world and society. However, it's a project in that I invest a lot of time and also quite some money.
Eventually, my dream is to one day turn this passion project into my full-time job and provide even more helpful information. But that's still a long time to go.
Stay impactful,
At Impactful Ninja, we curate positive and impactful news for you. Follow us on Google News or sign up for our free newsletter to get these delivered straight to your inbox—just like our expert roundup below!
📰 The quick summary: The UK carbon market is projected to generate $1.3 billion in tax revenue and create 135,000 skilled jobs by 2035, positioning the country as a global leader in climate finance while accelerating progress toward environmental targets.
📈 One key stat: The UK carbon credit market could create 135,000 skilled jobs across multiple sectors by 2035, highlighting the economic potential of climate solutions.
💬 One key quote: “The UK is a long-standing hub for carbon markets given its science, finance, and policy base. With careful regulations and decisive government guidance, it can be the global capital,” said BeZero Carbon’s CEO, Tommy Ricketts.
1️⃣ The big picture: BeZero Carbon’s new research reveals that the UK carbon credit market has significant economic potential, with projections of $1.3 billion in tax revenue and 135,000 new jobs by 2035. This growth spans multiple sectors, with 80,000 jobs expected in nature-based projects, 30,000 in engineered carbon removal, and 25,000 in market infrastructure. The market could channel approximately $13.3 billion annually into high-impact carbon projects, nearly matching the UK’s 2024 international aid budget. These developments position the UK to potentially exceed its domestic carbon removal targets five years ahead of schedule.
2️⃣ Why is this good news: The projected growth in the carbon market represents a substantial economic opportunity while simultaneously addressing climate challenges. The carbon credit industry creates diverse job opportunities across multiple sectors, from ecology and forestry to engineering and financial services. The potential $13.3 billion annual investment would support environmental restoration both domestically and globally. By accelerating carbon removal targets, the UK can demonstrate climate leadership while building a sustainable economic sector. This development creates a win-win scenario where environmental goals align with economic growth and job creation.
3️⃣ What’s next: For the UK to realize this potential, BeZero Carbon recommends integrating carbon removals into the UK Emissions Trading Scheme. The company also suggests incentivizing businesses to adopt carbon credit frameworks through targeted regulations. These policy changes will be crucial to unlocking the full economic and environmental benefits projected in the research.
Read the full story here: Carbon Herald – BeZero Sees $1.3B In Tax Revenue, 135,000 New Jobs In UK Carbon Market By 2035
