#low-carbon-economy

#low-carbon-economy

Labour's proposed green prosperity plan would commit 28bn a year to kickstart the UK's transition to a low-carbon economy.

The plan includes boosting renewable energy, insulating homes, improving transport infrastructure, fostering low-carbon industries, and helping fossil fuel-reliant industries transition to net zero.

The 28bn figure has been criticized by the Tories, who claim it would require higher taxes, but economists argue that it can be funded without raising taxes and seen as an investment. [ more ]