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Future Economy Scotland @futureeconscot.bsky.social · 18h

Packed house for our event at this year’s SNP conference on funding the future

With @shonarobison.bsky.social MSP, David Phillips @theifs.bsky.social, Sara Cowan @swbg.bsky.social and @lmacfarlane.bsky.social

Thanks to the speakers and everyone who came along!

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Future Economy Scotland @futureeconscot.bsky.social · 2d

“The net zero transition can create more energy jobs than will be lost. But to make that happen, we need far more pro-active policies.”

Our new report on transitioning fossil fuel workers on the front page of today’s @scotsman.com

Read the story: www.scotsman.com/news/politic...

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Future Economy Scotland @futureeconscot.bsky.social · 2d

📖 Read the full report:

Delivering a Just Transition for Scotland’s Fossil Fuel Workers

A plan for proactively transitioning the labour market for life beyond fossil fuels.

www.futureeconomy.scot

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Future Economy Scotland @futureeconscot.bsky.social · 2d

We call on the Scottish Government to take action in four key areas:

🤝 Labour market planning and data
🏭 Green industrial strategy
👨‍🔧 Re-skilling and retraining
💷 Workers’ voice, pay + conditions

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Future Economy Scotland @futureeconscot.bsky.social · 2d

The lesson is clear: the phase-out of oil and gas cannot be left to market forces.

Scotland needs proactive planning and investment to ensure no worker or region is left behind.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

While creating jobs is essential, by itself it’s not enough. There must also be clear pathways for oil and gas workers to transition into green jobs.

Our analysis finds gaps in skills, qualifications, and pay — which must be addressed to avoid disruption.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

This isn’t inevitable. With strong ambition and targeted policy, we find the net zero transition could create up to 40,000 more energy jobs than are lost by 2030.

But this requires far more proactive policy and planning.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

Scotland has some of Europe’s best renewable energy resources, but so far green job creation hasn’t kept pace.

For every one clean energy job created since 2014, three oil and gas jobs have been lost.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

Scotland has some of Europe’s best renewable energy resources, but so far green job creation hasn’t kept pace.

For every one clean energy job created since 2014, three oil and gas jobs have been lost.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

Our new report finds that oil and gas employment in Scotland has fallen by a third since 2014 — around 34,000 job losses. This is despite new oil and gas licenses.

Forecasts predict a further 20-50% decline by 2030.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

While some try to blame net zero targets, the real reasons are economic and geological.

The North Sea is a maturing basin, and reserves are running out. Like it or not, Scotland must now prepare for life beyond fossil fuels.

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Future Economy Scotland @futureeconscot.bsky.social · 2d

🚨 NEW REPORT 🚨

Since the 1960s, the fossil fuel industry has shaped Scotland’s economy and identity.

After decades powering growth and jobs, this era is drawing to a close 🧵 www.futureeconomy.scot/publications...

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Future Economy Scotland @futureeconscot.bsky.social · 3d

Join us at SNP Conference this weekend!

Funding Scotland’s Future: Where Next for the Public Finances?

🗓️ Sunday 12th October
🕘 9:15-10:15am
☕️ Food & refreshments!

With:
@shonarobison.bsky.social MSP
David Phillips @theifs.bsky.social
Sara Cowan @swbg.bsky.social
Chair: @lmacfarlane.bsky.social

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Future Economy Scotland @futureeconscot.bsky.social · 3d

Last week, BrewDog sold its Kinrara estate to a natural capital investor

Some say the deal proves private investors can fund nature restoration. But in reality, it shows why private finance can’t fix the nature crisis

New blog by @hannawheatley.bsky.social:

Peat, Profit and the Myth of the Nature Finance Fix

BrewDog's sale of the Kinrara estate shows why private finance is unlikely to fix the nature crisis

www.futureeconomy.scot

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Future Economy Scotland @futureeconscot.bsky.social · 4d

We were delighted to join today’s #TaxJusticeScotland conference

Tax reform is central to creating a fairer and greener Scotland. As the election approaches, it’s critical we don’t shy away from bold reforms

oxfamscotland.bsky.social @oxfamscotland.bsky.social · 5d

'We cannot sit back and hope that the UK Government lines Scotland's pockets with cash' Laurie from @futureeconscot.bsky.social tells the #TaxJusticeScotland conference as he lays out some of the tax levers within the Scottish Government's gift.

Laurie from Future Economy Scotland speaking at a podium at Tax Justice Scotland's conference

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Future Economy Scotland @futureeconscot.bsky.social · 6d

Visit us on LinkedIn to read more about what to expect:
www.linkedin.com/feed/update/...

Future Economy Scotland @futureeconscot.bsky.social · 6d

Join us at SNP Conference!

Funding Scotland’s Future: Where Next for the Public Finances?

🗓️ Sunday 12th October
🕘 9:15-10:15am
☕️ Food & refreshments!

With:
@shonarobison.bsky.social MSP
David Phillips @theifs.bsky.social
Sara Cowan @swbg.bsky.social
Chair: FES Co-Director @lmacfarlane.bsky.social

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Future Economy Scotland @futureeconscot.bsky.social · 6d

Read exclusive coverage of the work in the @dailyrecord.co.uk 👇

www.dailyrecord.co.uk/news/politic...

Scotland 'squandering' profits made by wind farms as foreign developers cash-in

EXCLUSIVE: Only four of the 29 parent companies involved in ScotWind are headquartered in the UK.

www.dailyrecord.co.uk

Future Economy Scotland @futureeconscot.bsky.social · 6d

Rethinking ScotWind: Maximising Scotland's Offshore Wind Potential.

Read the full report by @lmacfarlane.bsky.social 👇

📖 www.futureeconomy.scot/publications...

Rethinking ScotWind: Maximising Scotland’s Offshore Wind Potential

Reforming the leasing process to secure a better deal for taxpayers, workers and supply chains.

www.futureeconomy.scot

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Future Economy Scotland @futureeconscot.bsky.social · 6d

For a better ScotWind deal for workers, taxpayers and supply chains, we recommend:

📈 Scrap price ceilings to maximise revenue
✊Take public equity stakes to share profits
🏴󠁧󠁢󠁳󠁣󠁴󠁿 Stronger incentives for Scottish supply chains
✅ Make Fair Work criteria mandatory

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Future Economy Scotland @futureeconscot.bsky.social · 6d

The paper reveals who owns the 20 ScotWind projects – and who stands to benefit.

Spoiler alert: it's not the people of Scotland.

Explore the data with our interactive map (with
@cmmonwealth.bsky.social )
🧵 x.com/FutureEconSc...

Future Economy Scotland on X: "🏴󠁧󠁢󠁳󠁣󠁴󠁿 Who owns Scotland's offshore wind assets? Our new interactive map with @Cmmonwealth lets you explore who really owns ScotWind projects – and who stands to benefit Highlights in 🧵 Explore the map 👉 https://t.co/4ofFiCazFu https://t.co/wPHEsQoDxq" / X

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Who owns Scotland's offshore wind assets? Our new interactive map with @Cmmonwealth lets you explore who really owns ScotWind projects – and who stands to benefit Highlights in 🧵 Explore the map 👉 https://t.co/4ofFiCazFu https://t.co/wPHEsQoDxq

x.com

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Future Economy Scotland @futureeconscot.bsky.social · 6d

In 2022, the ScotWind leasing round awarded rights for 20 new offshore wind projects.

Our analysis found 4 key flaws with the process:

❌ Constrained public revenue
❌ Weak incentives for Scottish supply chains
❌ No Fair Work requirements
❌ Weak fines for non-compliance

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Future Economy Scotland @futureeconscot.bsky.social · 6d

🚨 NEW REPORT: ‘Rethinking ScotWind’

Scotland has some of the world’s best offshore wind resources.

But who really stands to benefit from our offshore boom?

Our new report argues that we need a better deal for taxpayers, workers and supply chains.🧵

⬇️ www.futureeconomy.scot/publications...

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Future Economy Scotland @futureeconscot.bsky.social · 7d

“The Scottish Government must take public equity stakes in offshore wind to ensure our people share in the benefits of our resources."

Read exclusive coverage of our new ‘Who Owns ScotWind?’ data with @cmmonwealth.bsky.social in the Daily Record:

Scotland 'squandering' profits made by wind farms as foreign developers cash-in

EXCLUSIVE: Only four of the 29 parent companies involved in ScotWind are headquartered in the UK.

www.dailyrecord.co.uk

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Future Economy Scotland @futureeconscot.bsky.social · 9d

“Absurdly, Ireland’s government owns more Scottish offshore wind than the Scottish Government does.”

Our new ‘Who Owns ScotWind?’ data with @cmmonwealth.bsky.social is covered by @dailyrecord.co.uk.web.brid.gy

Scotland 'squandering' profits made by wind farms as foreign developers cash-in

EXCLUSIVE: Only four of the 29 parent companies involved in ScotWind are headquartered in the UK.

www.dailyrecord.co.uk

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