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Alongside the PM's strategy for decarbonising Britain by 2050, the Treasury released a stark assessment warning that the government cannot borrow to fund the costs of the transition.
The Treasury is warning that the sprint to go green has a hefty price tag and could lead to inflation and higher taxes. It estimates that carbon reduction targets will cost £60billion a year in capital costs.
Members raised concerns about ‘extreme’ positions taken by individuals involved in Restore Trust
Alok Sharma had a message for those in his party who oppose the UK’s push for net zero.
Long-time climate science critics rebrand to attack government over cost of net zero.