#green-investment

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climate-crisis
www.theguardian.com
3 months ago
UK politics

Labour's green U-turn has threatened its plan for growth | Observer editorial

Labour party drops commitment to invest 28bn a year in greening the economy, now pledging 4.8bn a year on green investment
Environmentalists concerned about diminishing commitment to tackling the climate crisis [ more ]
www.independent.co.uk
3 months ago
UK news

Britain's Labour Party is watering down a green investment pledge. Environmentalists are unimpressed

The UK's Labour Party has dropped its pledge to invest £28 billion annually in green projects if it wins the upcoming general election.
Labour leader Keir Starmer cited the dire state of the economy as the reason for reneging on the promise. [ more ]
www.theguardian.com
3 months ago
UK politics

Public will be at risk if Labour drops 28bn green plan, warns fire union chief

The head of the Fire Brigades Union warns that dropping the plan to spend £28bn a year on green investment will put the public at risk.
Floods, wildfires, and storms are increasing due to climate breakdown, and the fire service is struggling to cope with the rise in extreme weather events. [ more ]
moreclimate-crisis
keir-starmer
www.theguardian.com
3 months ago
UK politics

Labour cuts 28bn green investment pledge by half

Labour has cut its green investment plans by half in a move to bolster their chances at the general election.
The scale of the green prosperity plan has been reduced from 28bn a year to under 15bn, with only a third being new money. [ more ]
www.theguardian.com
3 months ago
UK politics

Starmer to announce scaling back of 28bn green investment plan

Keir Starmer is scaling back Labour's 28bn green investment programme due to economic uncertainty caused by the Conservative government.
The announcement is likely to stoke tensions within the shadow cabinet and raise concerns about Labour's fiscal credibility. [ more ]
www.theguardian.com
3 months ago
UK politics

Labour to ditch 28bn annual green investment pledge, party sources say

Keir Starmer and Rachel Reeves are abandoning Labour's 28bn green investment pledge.
Instead, the party will focus on specific outcomes and investments in green infrastructure. [ more ]
morekeir-starmer
www.france24.com
1 month ago
France politics

Macron and Lula announce 1 billion investment plan for the Amazon

French President Macron launched a billion-euro Amazonian green investment plan with Brazilian President Lula.
France and Brazil aim to promote a global investment plan into the bioeconomy, emphasizing a Franco-Brazilian moment in diplomatic relations. [ more ]
www.theguardian.com
3 months ago
UK politics

Why is Labour still using the self-defeating, discredited maxed out credit card' analogy? | Yanis Varoufakis

Rachel Reeves's decision to abandon the green investment program is a gift to the Tories and a validation of their anti-green narrative.
Using the analogy of a credit card for a nation's budget is a flawed basis for fiscal policy. [ more ]
www.theguardian.com
3 months ago
UK politics

Rachel Reeves defends Labour green U-turn, saying she won't apologise for fiscal responsibility UK politics live

Labour's green investment pledge has been cut in half
Rachel Reeves defends the U-turn, citing fiscal responsibility and the economic impact of Liz Truss's mini-budget [ more ]
www.theguardian.com
3 months ago
UK politics

How Labour ditched its flagship 28bn green investment pledge

Labour's pledge to spend 28bn a year on green investment is being abandoned due to uncertainty about public finances.
The decision to ditch the pledge has been met with disappointment from various sections of the party and business leaders. [ more ]
www.theguardian.com
3 months ago
UK politics

Senior MP confirms Labour has dropped 28bn target for green investment

Labour has abandoned its commitment to spend £28bn a year on green investment schemes if elected.
The decision to drop the commitment is due to concerns about the state of the economy and the need for case-by-case assessments of environmental projects. [ more ]
BBC News
3 months ago
UK politics

Has Labour dropped its 28bn green investment plan?

Labour's commitment to its £28bn green investment pledge appears unclear.
Different party members have given conflicting statements regarding the pledge. [ more ]
www.theguardian.com
3 months ago
UK politics

Business leader urges Labour to stand by 28bn pledge for green economy

Investing in the low-carbon economy is essential to avoid decline in the UK
Jurgen Maier believes Labour's proposed investment of £28bn is necessary for the future of the country [ more ]
www.independent.co.uk
3 months ago
UK news

Labour finally ditches its 28bn green investment promise

Labour is scrapping its pledge to spend 28bn a year on green investment in government.
Labour will instead focus on previously-announced plans to get Britain off fossil fuels. [ more ]
www.independent.co.uk
5 months ago
UK news

CBI calls for green investment plan and an end to short-termism

The CBI is calling for a new green investment plan to support the UK economy's sustainable growth.
The CBI emphasizes the need for ambitious policy, competitive incentives, and a conducive operating environment to facilitate private investment in achieving a net-zero economy.
The CBI also suggests that the UK government should review how businesses fund local government, including reform of business rates. [ more ]
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