Juanpe Castro

@jujupepe.bsky.social

Economist at @futureeconscot.bsky.social‬

This week I gave evidence to the Scottish Parliament' on the sustainability of Scotland's tax and spending plans. A short snippet below on why the government should not just invest ScotWind revenues strategically through a wealth fund, but also take public equity stakes in future ScotWind rounds.

Future Economy Scotland@futureeconscot.bsky.social · last mo.

More than 75% of planned ScotWind capacity is owned by parent companies outside the UK. Here our economist @jujupepe.bsky.social gives evidence to the Scottish Parliament on how Scotland could capture more of the wealth created off our coast to secure long-term returns for the people of Scotland.

Meeting the Scottish Government's poverty eradication, NHS improvement, and climate goals will require more public resources. @miriambrett.bsky.social explains why the governemnt'current strategy of closing the fiscal gap through 'efficiency' savings could be harmful and proposes an alternative.

Future Economy Scotland@futureeconscot.bsky.social · last mo.

Scotland’s new Programme for Government offers the clearest picture yet of the Scottish Government’s plans for the next five years. While there was much to welcome, Scotland’s looming fiscal gap was the elephant in the room.

Recent AI cyber attack events have shown that capabilities are advancing faster than our abilities to control them. Fierce competition is driving firms to release models fast. Even if they are safe under testing conditions, they aren't necessarily safe when deployed. www.bbc.co.uk/news/article...

Anthropic researcher believes more than 10% chance AI 'could kill all humans'

It is the latest in a series of increasing warnings about the safety threat posed by artificial intelligence.

bbc.com

A really helpful overview of the North Sea's future which gets to grips with the real nuts and bolts of the situation. Don't believe the hype. It's corporate owners motivated by profits who are closing down oilfields, not environmental legislation.

Laurie Macfarlane @lmacfarlane.bsky.social · 2mo ago

The North Sea is in long-term decline - and climate policy isn’t the reason. New licenses won’t reverse that trend. Like it or not, Scotland must plan for life beyond fossil fuels. Great read from @jujupepe.bsky.social👇

Income per head grew faster in Scotland in 2024 than in the rest of the UK 🏴󠁧󠁢󠁳󠁣󠁴󠁿 GDHI per head grew 7.2% to £24,283 – now 93.5% of the UK average, up from a low of 91.3% in 2018. Scotland grew faster than every UK region except Northern Ireland. 🧵

A just transition isn't only about replacing jobs. It's about creating good jobs, strengthening domestic industries & ensuring economic benefits of the transition stay in Scotland. Read the full briefing by @hannawheatley.bsky.social & @jujupepe.bsky.social www.futureeconomy.scot/publications...

Scotland's Just Transition: Priorities for the new Parliament

Our assessment of the key policy priorities for the new parliamentary term.

futureeconomy.scot

The attacks in Edinburgh, in which an armed bare-chested white man terrorised Muslims, leaving five people injured, don't feature on a single newspaper front page this morning. Two tier journalism

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📉 Scotland's latest greenhouse gas statistics are out today. Emissions fell by just 1% in 2024 - one of the smallest annual reductions on record. Scotland is still reducing emissions, but progress has slowed sharply just as the hardest part of the net zero transition begins.

NEW: Private finance won’t fix Scotland’s nature crisis - only public investment can. As featured exclusively in today's @theguardian.com, private investment isn’t going to deliver the nature restoration Scotland needs. Read our new guest blog by Tom Gegg: www.futureeconomy.scot/posts/459-pr...

Private finance won’t fix Scotland’s nature crisis – only public investment can

Private investors aren’t funding new woodlands – we need public investment to step in instead.

futureeconomy.scot

Cutting public sector jobs when public services are already stretched risks real harm, to services and those most reliant on them. Moving towards a preventative public service provision model will require more investment over the next parliament, not less! Important new report by IPPR Scotland.

IPPR Scotland@ipprscotland.bsky.social · 7mo ago

⚠️ Scotland could be sleepwalking into austerity ⚠️ 🔴Our new analysis warns looming public sector job cuts could hollow out essential services just as demand rises. 📢The choices made now will shape Scotland’s public services for years. Read the report ⤵️ www.ippr.org/articles/mor...

Last week, we launched Funding Scotland’s Future - setting out 5 tax reforms for a fairer, greener Scotland. Tomorrow, we’re taking the conversation to the Scottish Parliament. Join our expert panel as they unpack the proposals. Details in 🧵

Our new @futureeconscot.bsky.social report calls for tax reform to protect public services and fund a just transition — setting out proposals across income tax, council tax and beyond that are revenue positive, progressive, and good for Scotland's economy, while protecting lower-income households.

Future Economy Scotland@futureeconscot.bsky.social · 8mo ago

NEW: Scotland can raise £2.3bn a year to protect its social contract and reach net zero, according to our new report released today. Watch👇 Read on for more 🧵