We in Telegram
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
22
23
24
25
26
27
28
29
News Every Day |

SIGN OF THE TIMES: British Labor Party Scraps $35 Billion Yearly ‘Green Industries’ Spending Pledge in Major Policy Turnaround

Labour leader, Sir Keir Stammer.

While all over Europe, opinion polls indicate that conservative and populist parties are set to make big electoral gains in the upcoming European Elections, in the UK, on the other hand, the leftist Labour Party has a big lead over the Conservative Government led by Prime Minister Rishi Sunak.

But not even Labour can escape the reality. The party has sought to portray itself as the party of fiscal responsibility in a bid to rebuild confidence to run the economy once again.

And so, climate alarmist policies are beginning to fall by the roadside as Sir Keir Stammer and his team try to steer the ship towards a national electoral victory, the first since 2010.

Reuters reported:

“Britain’s opposition Labour Party said it would scrap a target to eventually spend 28 billion pounds ($35.3 billion) a year on green industries if it takes power, one of the biggest U-turns yet under party leader Keir Starmer.”

Labour had vowed to invest heavily in green technologies and jobs to get Britain out of a prolonged period of economic stagnation.

Tories have criticized the plan, saying that it could lead to higher borrowing costs and tax rises for the public.

Starmer said the worsened economic outlook and high borrowing costs meant that Labour would ditch the main spending target, though it would maintain a range of the policies, such as the creation of a publicly-owned green power company, which he said were fully funded.

‘(But) we won’t make further, or new, investment decisions. And that means that we won’t reach the 28 billion pounds envisaged, and that figure is effectively stood down’, he told broadcasters.

‘The reason for that is because since we announced the 28 billion, the Tories (Conservative Party) have done terrible damage to our economy… I have to anticipate the circumstances as they are now, not as I’d wish them to be’.”

Stammer now plans to spend less than 5 billion pounds a year on green projects. Plans to invest in home insulation were also scaled back.

“Starmer criticised the Conservatives, who he said planned to ‘max out the government’s credit card’, in reference to their aspiration for pre-election tax cuts.”

Charles Moore wrote an insightful opinion piece on The Telegraph, in which we find these excerpts:

“After a tussle with their consciences, Sir Keir and Rachel Reeves, who, in 2021, declared at the party conference that she would be Britain’s ‘first green chancellor’, announced on Thursday that her exciting green investment plan, unveiled in that same speech, will, sort of, not happen. Under that plan, a Labour government would have spent an extra £28 billion every year until 2030, including ‘borrowing to invest’.

As late as Tuesday, Sir Keir was still clinging publicly to the £28 billion figure. He said he was “unwavering”. But on Thursday he waveringly tried to defuse his own tax bombshell. He had decided, though of course he did not put it like this, that voters care more that Labour should be safe with the economy than it should save the planet.

London Mayor Sadiq Khan’s and his hated Ulez (Ultra Low Emitting Zone) is also working its negative magic. Voters are feeling the pain of green policies, not the gain.

“It follows that looking green is no longer a clear electoral plus. The Tories saw this slightly earlier than Labour last year. They stole a march by lessening the net-zero torture, extending the lives of the internal combustion engine and gas boilers. Probably Rishi Sunak intended no revolution of policy, only its softening, but the effect is marked. Once people realize you can have prosperity or an energy system dominated by renewables, but not both, they will choose prosperity. That realization has big political consequences. I believe it makes net zero by 2050 unachievable. 

[…] Business wants green energy only if it is “de-risked” – in other words, if it is subsidized for the life of the asset. It is supposed to be “sustainable”, yet often only taxpayers’ money can sustain it. In short, it is unprofitable. And now, thanks to Biden’s Inflation Reduction Act (a title as good as The Ministry of Truth in Orwell’s 1984), businesses will try to extort higher subsidy here and buzz off to America if they cannot get it.

[…] The other thought – and this is addressed especially to Sir Keir and his party – is “What about the workers?”. Labour, as its name suggests, was founded for the political representation of those who work. The whole climate-change caravanserai of international panels and world leaders gathering at summits to issue edicts and rebukes could have been expressly designed to exclude the wishes of the workers from their considerations.”

Read more:

Rishi Sunak Rolls Back Multiple Environmental Policies in ‘Pragmatic’ Move That Leaves Climate Alarmists Fuming – British PM Worries About Financial Impact on Families

The post SIGN OF THE TIMES: British Labor Party Scraps $35 Billion Yearly ‘Green Industries’ Spending Pledge in Major Policy Turnaround appeared first on The Gateway Pundit.

Чемпионат

Команда подмосковного главка Росгвардии стала победителем Чемпионата Центрального округа по волейболу

5 Reasons Eating Healthy is Making You Fatter

Ожидается, что строительство двух новых гостиничных комплексов позволит динамично развивать туристическую индустрию в регионе

Signs Someone Is Falling In Love With You

6 Tips & Tricks To Get Instant Respect

Ria.city






Read also

Adult and four kids die in Missouri house fire that police deem ‘suspicious’

I’ve played every Super Mario game and this upcoming title is delightful family fun

Bat ‘Nightclubs’ May Be Key To Solving Next Pandemic

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

6 Tips & Tricks To Get Instant Respect

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

6 Tips & Tricks To Get Instant Respect



Sports today


Новости тенниса
Елена Рыбакина

Уроженка Москвы Рыбакина проиграла Свентек финал турнира в Дохе



Спорт в России и мире
Москва

"Спартак" забросил в ворота "Торпедо" 7 шайб в матче КХЛ



All sports news today





Sports in Russia today

Москва

"Спартак" забросил в ворота "Торпедо" 7 шайб в матче КХЛ


Новости России

Game News

A New Vegas mod that added Fred Durst from Limp Bizkit was thought lost for 7 years⁠—until someone finally found it on their hard drive


Russian.city


Москва

Эксперты: Псковская область обогнала Москву по перспективности трудоустройства


Губернаторы России
#123ru.net

Петиция по глиноземному заводу Русала выросла до федеральной


Путин через Лаврова передал устное послание Мадуро

Шапки женские зимние на Wildberries — скидки от 398 руб. (на новые оттенки)

Шапки женские вязаные на Wildberries, зима 2024 — новый цвет от 392 руб. (модель 466)

Чудо ИИ. Как новейшие технологии помогают спасать здоровье пациентов


Журналист Додолев рассказал о драке Шевчука с Расторгуевым из-за Цоя

Воронежцы с «Симфоническим Кино» вспомнят легендарные творения Цоя

Санкт-Петербургский Дом музыки под руководством Ролдугина выступит в зимнем фестивале Юрия Башмета

Балерина Волочкова позвала семьи участников СВО на перенесенное после пожара шоу


Уроженка Москвы Рыбакина проиграла Свентек финал турнира в Дохе

Теннисист Медведев вылетел из топ-3 мирового рейтинга

Первая ракетка России выпадет из топ-3 рейтинга ATP

«На поздравление с днем рождения Сафин недавно ответил: “Спасибо, брат!” Евгению Кафельникову — 50 лет



Евросоюз ест Ереван

Шапки женские вязаные на Wildberries, зима 2024 — новый цвет от 392 руб. (модель 466)

Эксперты: Псковская область обогнала Москву по перспективности трудоустройства

Европопейская Армения 24 февраля митингует против России?


Башкирский поэт посвятил стихи Аните Цой

Шапки женские вязаные на Wildberries, зима 2024 — новый цвет от 392 руб. (модель 466)

Алла Пугачева передумала продавать свою недвижимость в Москве

Такер Карлсон выразил поддержку российским музыкантам.


Названы все участники Кубка Гагарина КХЛ

Скончался режиссер мультфильма «Очень синяя борода» Владимир Самсонов

Важная помощь бойцам, наступающим у Авдеевки и Работино, от читателей «Русской Весны» (ВИДЕО)

Самолет рейса FZ 991благополочну совершил аварийную посадку в Пулково



Путин в России и мире






Персональные новости Russian.city
Юрий Башмет

Санкт-Петербургский Дом музыки под руководством Ролдугина выступит в зимнем фестивале Юрия Башмета



News Every Day

5 Reasons Eating Healthy is Making You Fatter




Friends of Today24

Музыкальные новости

Персональные новости