Fossil fuel companies have a secret weapon. Here’s how Britain can help take it away from them

Inaction in the UK rests on both the government and opposition refusing to commit to withdrawal while they wait to see if the treaty is reformed by the states that remain in it. But with so many countries deeming any modernisation proposals wholly inadequate, and voting with their feet, the reform is dead in the water. The time to act is now. By joining a coordinated withdrawal with other countries, the UKthat maintains the treaty’s provisions for 20 years after a state leaves it.

“Investor certainty”, or ensuring business has a stable climate to operate, is clearly an important goal for theparty – but that could easily be achieved if Starmer clearly signals that a Labour government would rescind dangerous oil and gas licences.

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Strong support from Australian business to phase out fossil fuels by 2040, survey findsCarbon Markets Institute research also finds nearly half of all businesses surveyed backed Australia becoming a net zero economy by 2040
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