News, indicators and facts of the work of the Green Fiscal Policy Network and our partners in the United Kingdom.
Greta Thunberg’s accusation that world leaders are guilty of ‘blah, blah, blah’ in the face of the escalating climate crisis is ‘spot on’, according to a trio of new reports released today, which warn the opportunity provided by the coronavirus crisis to introduce sweeping fossil fuel subsidy reform and ambitious green stimulus packages is being squandered.
A reluctance to raise the cost of natural gas is understandable, given that poorer households spend more of their income on heating their homes. But it only further underscores the importance of joined-up, coherent thinking about how Britain can hit its net zero emissions target by 2050.
The idea is simple. Companies that extract fossil fuels should be responsible for ensuring the same amount of CO₂ generated from using them is buried back deep underground.
Almost half a trillion dollars of support a year harms people’s health, the climate and drives inequality.
The Scottish Government has put forward a draft policy programme for aligning its economic recovery plans for Covid-19 with its long-term climate, nature and social targets, developed under an agreement with the Scottish Green Party Parliamentary Group.
It might be tricky and some might not like it, but a PCA could lower emissions.
The government hopes to attract at least £4bn of investment to the hydrogen economy by 2030 under plans to produce the equivalent of enough hydrogen to replace fossil fuel gas for heating and cooking in about 3m households in the UK.
Renewables and nuclear power accounted for a record 66% of electricity production across the EU during the first half of 2021, with clean energy proving far more resilient to the pandemic than fossil fuels.
The UK government’s spending plans on tackling climate change “don’t add up” to its ambitions, the World Wildlife Fund (WWF) has warned.
Under new subsidy plans announced by his department, farmers will be offered up to £70 per hectare to take up regenerative techniques, including mixed farming systems where crops are cultivated alongside livestock to help boost soil health.
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Economy Division, Resources and Markets Branch, 11-13, Chemin des Anémones, 1219 Châtelaine, Geneva, Switzerland
700 19th Street, N.W., Washington, D.C. 20431, USA
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Friedrich-Ebert-Allee 36 + 40, 53113 Bonn, Germany