Emeritus Prof Christopher May on Nostr: Another aspect of Labour's supposed commitment to the green transition is in trouble. ...
Another aspect of Labour's supposed commitment to the green transition is in trouble.
You'll recall that GB Energy was 'promised' £8bn over 5 years to invest in green infrastructure & services, but actually received £100mn for the first two years when Labour got into power.
Now, as part of the public sector cuts the Treasury are looking at (in part to fund the pivot to defence spending), continuing financing for GB Energy looks to be cut back further....
#austerity #climate #energy
h/t FT
You'll recall that GB Energy was 'promised' £8bn over 5 years to invest in green infrastructure & services, but actually received £100mn for the first two years when Labour got into power.
Now, as part of the public sector cuts the Treasury are looking at (in part to fund the pivot to defence spending), continuing financing for GB Energy looks to be cut back further....
#austerity #climate #energy
h/t FT