Labour's Controversial £28bn Green Policy U-Turn Sparks Outcry

TL;DR Summary
In a bid to match President Biden’s Green New Deal and shift the economy towards net zero emissions by 2050, the Labour party pledged to spend £28bn annually as part of a major strategic investment package. However, the vague nature of the plan and concerns about its feasibility led to intense debate within the party. Ultimately, Labour has now dropped the pledge, prompting discussions about the potential short-term political gains versus the long-term implications for meeting Britain’s international green commitments.
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- The Guardian view on Labour’s green retreat: wrong, wrong, wrong The Guardian
- Little good can come of Starmer's green U-turn Financial Times
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