Climate change: UK risks losing investment in net-zero race, MPs warn

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Some Tories are among those who fear jobs could move elsewhere if the government is not ambitious enough.

In part, it's out of necessity.

, needed to be more ambitious, and should speed up the rollout of renewable energy, heat pumps, and insulation among other recommendations.It's not though, I'm told by government insiders, meant to be the UK's response to a huge green subsidies programme in the US yet - that'll come later - which is concerning some climate-watchers in Westminster.Not just against time - with the impacts of climate change becoming more apparent - but economically too.

Some fear it's given the US an unfair competitive advantage, and that it's an attempt to lure high-tech manufacturing companies to the US. The independent climate think tank E3G said the government's decision not to announce any new public investment or tax breaks for green industry in the Budget was a "disappointment" to UK business.Labour's shadow climate change and net-zero secretary Ed Miliband has argued for a British equivalent of the Inflation Reduction Act and a national wealth fund to invest in green technology alongside the private sector.

 

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Net Zero is dead in the water. Unattainable and unsustainable.

Just scrap Net Zero. It’s unworkable. Too expensive. Too polluting. Stick with fossil fuels until fusion energy becomes available

There's no such thing as net zero. Never happen.

Seems like a money making exercise....

Net-Zero is literally impossible The numbers just do not add up Govs/Business oft talk about planting trees If the UK was to go NZ, it would require 35x the no. of trees we have now 13% of the UK is woodland This reqs. 455% to be woodland The UK would need to grow in size by 4x

Net zero is a complete and utter waste of time and money, merely a fabricated joke that has sucked too many people in. It’s another form of taxation, nothing more

The government want economic growth… well this is the new battleground and they’re falling further and further behind letting investment go elsewhere whilst they pad their wallets with environmentally-illicit oil and gas profits! ☠️ ClimateActionNow EndFossilFuels

You can think a million corporate sounding phrases and invent new ones like 'net-zero'. But with the population size of the UK you will NEVER achieve net-zero nonsense...

New report from Govt's own advisors. Report on it please. ' a lost decade'

Because it's a con!!!!

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