Labours green pledge offers everything voters want: to delay it would be foolish
The Guardian As wildfire smoke engulfs much of the east coast of the US and average global temperatures continue to rise, with the world imminently facing some of the hottest years on record, it would be an error of judgment for the Labour party to delay its green investment pledge. Doing so would not only be a mistake for our economy and the climate, but also threaten Labours electoral prospects, given strong public demand for bold action on this issue.
Together with its world-leading promise to end all new domestic oil and gas developments, the Labour partys 28bn-a-year investment pledge to green industries marks the scale of climate ambition we need to see from a future British government. These commitments mark Labour out as a potential major climate leader and, like Joe Bidens landmark Inflation Reduction Act (IRA), the investment pledge clearly demonstrates that the party is in tune with the economic realities of todays world.
So it was concerning to hear of Labours plans to delay the full rolling out of its green investment programme in the news on Friday morning. The party would do well to consider three important factors that show it would be nonsensical to dither on allocating the full 28bn-a-year investment in green infrastructure as soon as possible.
