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Regional Economics - former coal town Blyth leads the race for clean energy

Geoff Riley

15th July 2021

This superb video from the FT looks at how the clean energy revolution is changing the landscape of the north-east coastal town of Blyth.

The area has suffered grievously from the loss of thousands of jobs directly and indirectly linked to coal-mining.

Economic inactivity rates remain high and per capita incomes remain well below the regional and UK average.

But this video provides an optimistic picture of how new investment in clean renewable energy offers hope of a structural transformation for Blyth.

There is so much economics in this video - from the fast-changing nature of energy economics, to regional multiplier effects from investment and the extent to which capital intensive building projects create enough new jobs to replace those lost from previous decades.

The former coal town leading the race for clean energy

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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