An annual shortfall of 50,000 graduates in science, technology, engineering, and mathematics (STEM) subjects in the UK could lead to the country’s low-carbon economy missing out on £6.7bn in annual growth by 2023, a new report suggests.

Commissioned by Shell Springboard, the report also underlines issues with infrastructure to support spin-outs, entrepreneurial attitude, and access to finance. While the UK is said to be twice as efficient in spinning out low-carbon firms than peers in the US, the US consistently…