UKP280B Britain’s Labour putting money where it’s mouth is



British Labour is pledging a matching $ for $ investment of  £28bn of green capital a year until 2030 to protect Britain from disaster -  equivalent to more than half the current defence budget and 4 X it’s current investment .


Under Labour, Rachel Reeves said there would “no dither, no delay” in tackling the crisis - and that this investment would be matched with private money 


This is an investment of  £224bn on climate measures over the next eight years.


Investment’s could include 

  • gigafactories to build batteries for electric vehicles, 
  • the hydrogen industry, 
  • offshore wind turbines manufactured in Britain and more everyday infrastructure such as home insulation, 
  • cycle paths, 
  • tree planting 
  • and flood defences.
  • A national nature service, - like the army  - people spending 2 years national service - after school in climate related jobs 
  • education, training and upskilling the British public on climate  - the #bbgclimateactionforum
  • Investment into R&D and innovation
This will actually achieve  a great ROI methink
“As chancellor I will not shirk our responsibility to future generations and to workers and businesses in Britain … We will provide certainty and show leadership in this decisive decade. I will be a responsible chancellor. I will be Britain’s first green chancellor.” Say Reeves 


Some thoughts 


- climate action makes financial sense

- governments coming to play in green space

- national service for climate  vs war 

- we’re fighting a common enemy - global heating - a way to unite our global species 

- investment of 50pc of defence budget - imagine if investment is 150% UKP80B per annum - if defence was not necessary 

- protecting jobs of “coal workers” reskilling and upskilling miners for good 


“Katz Kiely” - foundation member of our “climate action forum - Is it election time yet ?? 

https://www.theguardian.com/politics/2021/sep/27/labour-promises-spend-28bn-year-tackling-climate-crisis


Great subject for radio WII - FM