British Labor backtracks on promise of big investment in renewable energy

British Labor backtracks on promise of big investment in renewable energy

February 8, 2024 – 16:25

A year after promising a £28 billion investment, the poll favorite backs out.

Reuters

He Labor leader Keir Starmer backtracked on his £28bn investment promise on Thursday (35,335 million dollars) per year in erenewable energies if he comes to power in the United Kingdom.

“The Conservatives have destroyed the economy and it will not be possible to meet the £28bn-a-year commitment,” he said. the Labor Party, center-left, in a statement. Starmer, favorite in the polls to become prime minister in elections due to be scheduled this year, he made this promise in 2021, as an important element of the Labor party’s green policy.

The crisis that the United Kingdom is facing

The United Kingdom is experiencing a serious cost of living crisiswith the highest inflation of the G7 countries, the group of the seven most developed countries in the world, which Labor blames political and economic decisions of the conservatives, in power for 14 years.

He Labor Party had already announcedor last year that this budget promise could not be fulfilled before the second part of a possible term.

The announcement and the anger of environmental organizations and unions in the United Kingdom

Ad from Thursday It angered environmental organizations and unions. The environmental party Green Party He called this change of course “a big step backwards for the climate, the economy and quality jobs.”

The country needs “more investment, not less”, responded Unite, the second largest union in the United Kingdom and one of the Labor Party’s main allies. The environmental NGO Greenpeace accused the Labor Party of bowing to pressure from the Conservatives.

“British people and businesses want a green industrial strategy, fit for the 21st century, not a meaningless plan with an empty wallet,” said Areeba Hamid, a Greenpeace leader in the United Kingdom.

This could make the Labor Party lose points.

Months before the legislative elections, which still have no date, the Conservatives, who are 20 points behind Labor in the pollswere quick to attack Keir Starmer, whom they accuse of often changing his political promises.

“This shows exactly what I’ve been saying up until now, that they back down on important issues,” noted the conservative prime minister, Rishi Sunak.

Source: Ambito

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