The UK has a target to reduce its emission levels to a third of what they were in 1990 within the next eight years. It is estimated that this commitment by the government is going to bring a great deal of money to the information technology market, with investment estimated to be up to $15 billion.
This report has been issued by Cambium LLP, the consultancy company, and it has shown that IT can have a very important role in reducing carbon emissions in the country. It has said the transport, manufacturing, and the energy sectors could all benefit from the implementation of IT in their goals to reduce carbon emissions.
IT can have a strong influence as it for one enables people to travel less. Videoconferencing is something that has become much easier in recent years and because of this people feel less obliged to travel to meetings.
This means that they spend less time in the car which can significantly reduce carbon emissions and help the government meet their targets. Furthermore, IT has a place in smart buildings, smart grids, and the de-materialisation of products.
The report estimated that a figure of $10 billion investment in the sector is more likely. The author of the report is Iain Burns and he has stated, “It is well known that many different sectors have to become more efficient and flexible, one of the best ways to deliver this flexibility is through IT. There is no doubt a huge potential for the sector over the coming years.”