Categories: Uncategorized

Harrabin: Now will the Treasury go green?on November 24, 2020 at 10:43 pm

image copyrightPA Media

Last week, UK Prime Minister Boris Johnson unveiled his 10-point plan to create jobs and cut carbon emissions.

It included investment in wind and solar power, carbon capture, hydrogen and nuclear.

But here’s a question – as Mr Johnson is driving emissions down, is his chancellor preparing to drive them back up?

It’s a key issue as the PM strives for green credibility as he prepares the ground for the climate summit he’ll host this time next year.

So far his plans have raised only two cheers.

Campaigners starved of positive climate news applauded his 10-point approach to driving down emissions across society – from cars, to industry, power generation and home heating.

But they complained that the sum allotted was paltry – just £4bn – way lower than “green” measures imposed by France and Germany to create jobs while cutting emissions.

A Downing Street source told me the Treasury’s spending review would not increase that figure.

That’s bad news for people concerned about the climate – but here’s worse…

The Treasury has long been planning a £27bn programme of road-building that will actually increase emissions by attracting more cars on to the roads.

It’s part of a long-term £90bn roads investment that appears to run contrary to the wish of even the Transport Secretary Grant Shapps for people to drive less to combat global heating.

Chancellor Rishi Sunak has stated that his priority is creating jobs and getting the economy back on its feet.

But recent analysis suggests that the labour-intensive task of insulating homes, which reduces emissions, creates at least four times more jobs than highly mechanised road building.

Using government data, the think tank e3g calculated that every job created in highly-mechanised road building costs the taxpayer £250,000, whereas a job in home insulation costs £59,000.

So, is Mr Sunak backing the PM’s stated “green” agenda – or is he making his own path?

BBC News asked the Treasury if it has even calculated the amount of carbon that would be emitted as a result of its spending programme.

So far, after many hours and phone calls, we’ve had no reply… not even a “no comment.”

The pressure group WWF demanded greater transparency behind the decision-making.

The group’s head, Tanya Steele, said: “We need the chancellor to live up to the ambition expressed (by Mr Johnson), through a spending review that tests every line of public spending to ensure it’s compatible with meeting our climate goals.”

So far there’s no evidence that’s happening. And the absence of Treasury commitment would make the the PM’s aspiration towards global leadership very difficult indeed.

Follow Roger on Twitter @rharrabin

Read MoreFeedzy

Recent Posts

Start To Finish: How Movers On The Gold Coast Can Simplify Your Move?

Moving can be a difficult, unpredictable process that causes stress. The procedure might sometimes seem…

2 days ago

What To Know Before Hiking in Italian Wine Country

Are you planning to hike in Italian wine country? Get travel tips, safety essentials, and…

2 days ago

Supply Chain Delays Are Forcing Faster Interior Solutions

Ongoing supply chain disruptions are forcing teams to rethink how they approach interior buildouts. Traditional…

4 days ago

Best Money Counter Machines for Banks: Accurate, Fast & Reliable Cash Counting Solutions

In the fast-growing world of finance, accuracy and efficiency are everything—especially when it comes to…

7 days ago

Beat the Heat with the BougeRV Portable Air Conditioner

When the sun’s blazing and you’re out camping, one thing becomes clear—heat can ruin a…

7 days ago

Best Can-Am X3 Storage Boxes and Tablet Holders for Smarter Adventures

When you're out on the trails in your Can-Am Maverick X3, you want to focus…

7 days ago