Now we know why they want to scrap #NetZero targets in #Northampton

https://bsky.app/profile/greenparty.org.uk/post/3lu5qw6iz6e2c

"I see glimmers of hope. For example, an economy-wide carbon price, long recognised by economists as the lowest cost way of achieving net zero, is appearing in many conversations."

#NickiHutley, economist, 2025

https://www.theguardian.com/commentisfree/2025/jul/17/protecting-the-environment-has-always-made-economic-sense-now-we-have-proof

Many years ago, some political economists wrote about feeding the revenue from a carbon price into a pool that funds a UBI. So everyone's purchases are subsidised, but carbon-intensive stuff gets more expensive. Clever.

Sustainability reporting replaces taxonomy in UK’s green policy framework

In a consultation report published on Tuesday, the British government announced plans to abandon the green #taxonomy framework, first presented in 2020. Taxonomy plans have faced pushback globally for their complexity and inability to prevent #greenwashing. The consultation results showed that 55% of respondents, mainly from financial institutions, had negative or mixed feelings about the taxonomy plan. Emma Reynolds, Economic Secretary to the Treasury and City Minister, said, “The consultation responses showed that other policies were of higher priority to accelerate investment into the transition to #NetZero and limit greenwashing.” Government officials in the #UK hope to shift their focus to corporate transition plans and #sustainability reporting standards. Ensure your company meets #SustainabilityReporting standards by implementing ESG solutions.

https://impakter.com/esg-news-uk-abandons-green-taxonomy-shifts-focus-sustainability-reporting/

#ESG
#Politics
#Economy

"Ed Miliband says Tories are ‘anti-science’ for abandoning net zero consensus"

#UK #UnitedKingdom #NetZero #Climate #ClimateChange

https://www.theguardian.com/environment/2025/jul/14/ed-miliband-says-tories-are-anti-science-for-abandoning-net-zero-consensus

"‘An enormous scar’: the battle over solar farms and pylons as Reform UK takes aim at net zero"

#UK #UnitedKingdom #NetZero #Climate #ClimateChange

https://www.theguardian.com/environment/2025/jul/13/an-enormous-scar-battle-solar-farms-pylons-reform-uk-woos-lincolnshire

Four areas of England now in #drought as heat threatens wildlife and crops - https://www.theguardian.com/environment/2025/jul/15/four-areas-of-england-now-in-drought-as-hot-weather-threatens-wildlife-and-crops but #reform doesn't think meeting #netzero is part of the solution to this growing crisis

The Reality Behind JP Morgan’s 'Net Zero': Billions Flow to Big Oil

https://www.desmog.com/2025/07/14/the-reality-behind-jp-morgans-net-zero-billions-flow-to-big-oil/

While promoting “Paris-aligned” green investing, JP Morgan’s “green” funds have funneled over $4 billion to the fossil-fuel majors, betraying the firm’s promises and undermining efforts to achieve net zero…

Domestic Heat Pumps: Barriers to Installation (2022) - A case study in the friction in specifying and installing a heat-pump in the UK, even for a savvy early adopter. #heatpump #netZero #futureReady - https://www.earth.org.uk/heat-pump-barriers.html

Ed Miliband is to explicitly call out politicians who reject #NetZero policies for betraying future generations in an unprecedented update to parliament about the state of the #ClimateCrisis, which he is calling “an exercise in radical truth-telling”.

https://www.theguardian.com/environment/2025/jul/14/ed-miliband-net-zero-betraying-future-generations

‘Profound concern’ as scientists say extreme heat ‘now the norm’ in UK - https://www.theguardian.com/environment/2025/jul/14/profound-concern-as-scientists-say-extreme-heat-now-the-norm-in-uk and the evil #farage wants to make things worse by undermining #netzero work #climatecrisis

Excellent decision by #Labour and #EdMiband to give real focus and emphasis on #NetZero

#LabourIsNotTheSame

https://www.theguardian.com/environment/2025/jul/14/ed-miliband-net-zero-betraying-future-generations?CMP=Share_AndroidApp_Other

‘An enormous scar’: the battle over solar farms and pylons as Reform UK takes aim at net zero - https://www.theguardian.com/environment/2025/jul/13/an-enormous-scar-battle-solar-farms-pylons-reform-uk-woos-lincolnshire spreading lies about #netzero for political purposes confirms the deeply evil nature of #reform; but those lies need confronting

“HSBC becomes first UK bank to quit industry’s net zero alliance. Campaigners condemn ‘troubling’ move that follows departure of six of largest US banks after Trump’s election.” It appears that our masters, the money men, have decided we are not worth saving. #ClimateCrisis #NetZero #Capitalism

9-Jul-2025
Banking on #AI while committed to #netZero is ‘magical thinking’, claims report on energy costs of big tech
By 2040, the #energy demands of the tech industry could be up to 25 times higher than today, with unchecked growth of #dataCentres driven by AI expected to create surges in #electricity consumption that will strain power grids and accelerate #carbonEmissions.
https://www.eurekalert.org/news-releases/1090445 #science #environment #climateCatastrophe

"OBR: Net-zero is much cheaper than thought for UK – and unchecked global warming far more costly"

#UK #UnitedKingdom #NetZero

https://www.carbonbrief.org/obr-net-zero-is-much-cheaper-than-thought-for-uk-and-unchecked-global-warming-far-more-costly/

"Over-65s more likely to oppose net-zero, survey finds"

#NetZero #Climate #ClimateChange

https://www.edie.net/over-65s-more-likely-to-oppose-net-zero-survey-finds/

Major corporations still lack credible climate strategies – report

https://www.cleanenergywire.org/news/major-corporations-still-lack-credible-climate-strategies-report #climate #netzero

"Taken together, the OBR findings show more clearly than ever before that the cost of taking action to tackle climate change would be far lower than the cost of unchecked warming."

#OBR: #Netzero is much cheaper than thought for #UK – and unchecked #globalwarming far more costly - Carbon Brief
https://www.carbonbrief.org/obr-net-zero-is-much-cheaper-than-thought-for-uk-and-unchecked-global-warming-far-more-costly/

#ClimateChange
#climatecrisis
#greenenergy
#renewables
#environment
#UKpol
#UKeconomy
#ukgrowth
#governmentborrowing

Net zero - EU member states must not be allowed to count controversial carbon credits from developing countries.

Climate busting, globally profiting corporates of rich countries, must deliver accountable, real emissions reductions, & pay for reparations.

https://www.theguardian.com/environment/2025/jul/01/eu-may-allow-carbon-credits-developing-nations-climate-goals

https://toot.wales/@nspugh/114811915468031912