• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Politics

Austerity will doom UK efforts to fight climate change, expert warns

Economist Nicolas Stern said "premature austerity" would prevent poorer households from going green.

Henry Goodwin by Henry Goodwin
2021-08-15 09:53
in Politics
FacebookTwitterLinkedinEmailWhatsapp

Reimposing austerity will undermine the fight against climate change, one of the world’s top climate economists has warned.

Amid reports that the Treasury is resisting policies to tackle the crisis, Nicholas Stern – the author of a 2006 government study into the costs of climate change – said “premature austerity” would prevent poorer households from going green.

Speaking to the Observer, Stern joined a host of prominent figures in calling on Boris Johnson and Rishi Sunak to invest in the technology needed to help all households adopt changes like switching to electric cars and moving away from gas heating.

“It’s going to need determination, some resources and smart design to solve these problems,” he said. 

“These things have to be made easy for people. Growth has to be driven by innovative investment. And we mustn’t make the mistake that we made a dozen years ago with premature austerity.

“It’s about helping people make the change. You’ve got to have a credible plan to help people with the replacement of boilers, when there are real costs, particularly for the poorest.”

Stern’s intervention comes amid claims that the Treasury is resisting expensive programmes to tackle climate change in the lead-up to the Cop26 climate summit in Glasgow later this year, such as so-called “green cheques” to help people switch from gas.

Keir Starmer, the Labour leader, said on Saturday night that he would work with the government on matters of “national and international interest” – and back an ambitious plan to deal with climate change.

But he warned that Johnson’s current plans fall short – and said the prime minister was failing to convince his own MPs of the need for urgent action.

RelatedPosts

Trump gives glowing praise of Keir Starmer as he assures UK is ‘very well protected’ from tariffs

Trump says Ukraine war wouldn’t have happened if Russia was still part of G7

Zia Yusuf called out for unfounded claim on asylum seekers

Jacob Rees-Mogg says Angela Rayner has ‘rizz’

Starmer said: “The Labour party I lead will always engage with the prime minister on issues of national and international interest.

“We face a climate emergency and the prime minister needs to grasp the opportunity Cop26 presents – and convince his own MPs to do the same.

“The UK needs to lead at home to enable leadership abroad. So far the Tories are falling woefully short of meeting this moment. 

“The government’s greenwashing and delay risks fatally undermining the UK’s credibility as hosts of Cop26 and our ability to build trust and turn up the pressure on major emitters.”

Related: Red Wall robbed of £1 billion in development cash by Brexit

Tags: Austerityclimate crisis

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← ‘Hapless hesitation’: Patel accused of ‘dragging feet’ over gun licenses ← Taliban enter capital Kabul, Afghan officials say
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->