EVENTS TO HELP YOU MAKE YOUR HOUSE WARM AND LOW CARBON
1.The zoom event of 12th October presented by the Highgate Society’s Sustainable Living group in partnership with the Muswell Hill Sustainability Group (MHSG) can be caught up with at Retrofit your Highgate Home, and there is a ‘takeaway’ 2 pager summary there.
2. 19th October MHSG hosted a virtual tour around an Edwardian villa. For full details of the MHSG events and Utube videos of the homes see here.
3.2nd November MHSG hosted a virtual tour around an 80s timber framed detached house
4.9th November 7.30pm MHSG presents “Green Home Technologies” about insulation, solar panels, heat pumps and smart meters. Eventbrite tickets here.
5.10th November 5.30pm Camden presents the first session of a “Home Energy Virtual Cafe.”
For the Camden events book at Eventbrite here.
6.16th November, 7.30pm MHSG presents “Hot Tips for Warm Homes” – how to make your home warmer and cut bills and carbon emissions this winter, without spending too much money. Eventbrite tickets here.
7. 24th November 5.30 Camden presents the second session of a “Home Energy Virtual Cafe”.
- WHAT CAN WE DO NOW to channel this Covid upheaval to build a greener fairer world out of the ashes?
- How can we prevent reinforcement of global finance, with its march towards climate and ecological disaster?
- How can we stop short term emergency measures from becoming long term deregulation, or restrictions on our rights? (member of Haringey Labour Climate Action)
There are so many thinkers writing about global emissions, financial systems and consumption and how to emerge from the Covid-19 catastrophe in better shape than before. And against them are so many powerful forces still pushing their usual interests. So how can the majority, who want a fair and clean world, prevail?
Until the public have a good grasp of what was wrong ‘before’ and what can be done now, those in power will try to get back to the old ways. The global financial system underpins the lifestyle of the privileged and the poor yet could be adjusted now to be fair. Just as the US and UK economies were quickly transformed in WW2 there are measures that could be taken straight away.
The difficult bit is to turn around the fixed mind sets of those in power.
[Superscript numbers at the following bullets refer to the References in the strip at the end]
1. Messages for the public to grasp – Build Back Better
“the proximity of death in shared calamity makes many people more urgently alive, less attached to the small things in life and more committed to the big ones, often including civil society for the common good.”10 Public pressure, arising from a new awareness, is fundamental to a recovery that builds a greener fairer world.
- The finance sector was screwed even before the Covid lockdowns2 BUT THERE IS A MAGIC MONEY TREE5
- Capitalism can’t cope with a pandemic2
- Covid-19 is a dress rehearsal for climate change8
- Production and transport causes air pollution18, consumption drives the Air Pollution and Climate breakdown15
- Stringent changes to avert climate breakdown will not be as bad as the Covid economic collapse11
- Global problems need global responses eg:
- the value of global research into viruses, and global corporation in developing vaccines and in innovative protective products15
- China helping Italy, UK and US in Covid emergency “we are all waves in the same sea”12
- Business As Usual is heading for a 4.1degC rise!!!
2. Re-engineer Global Finance
“Never before has the global economy suffered a shock of this scale all at once. In the US alone, at least 17 million people have lost their jobs in the last three weeks. A severe global recession is now inevitable.” There is a stark choice – shore up a high carbon recovery or create a low carbon recovery.
- The outcome of disasters is not foreordained10
- The global economic and financial systems could be re-engineered to benefit the worlds population and planet2
- Powerful incumbent forces will change the rules to advantage high carbon industries18, 19, 20
- The new money that has been created by central banks ends up accumulating in rich individuals’ bank accounts5 but could go to jobs and infrastructure [see heading schematic]
- the costs of a global crisis are bound to vastly exceed those of its prevention6
- Global competition on death figures could be replaced by competition on serious carbon reductions (see Climate Action Tracker on shortfalls in pledges)
- Countries will only be willing to help climate if all do – else a free ride for some15
- Keynes advised on a reserve currency rather than dollar. $ drives financial systems1
- Cost of recovery will either come from future generations or from today’s poor15
- climate action could accelerate the recovery by creating jobs, driving capital formation, and increasing economic resiliency6
- the main way to offset this lower oil price effect is to raise the carbon price inversely to the falls in oil prices, and to deal with these perverse incentives with carbon border prices15
- not to price carbon is to distort trade15
3. Emergency measures that public will accept
If “the bottom 50% are disproportionately hit the backlash could make France’s “yellow vest” protests look very tame indeed.”9
- State help must come with climate conditions
- Polluters paying. Raising carbon price
- Health and Key workers to be valued from now on
- Vehicle industry restart to only produce Electric Vehicles and batteries
- Deliveries to only be low carbon
- Cost of grid upgrades to be spread across consumers, removing disincentives for small generation
- Insulate and install heat pumps with additional renewables – 2 million new jobs promised at election
- Universal broadband coverage
- Real living wage and affordable housing
- Fair flying allocation
- Community enabled
- Minimum effort, maximum carbon reduction
- Reduced material consumption to reduce carbon15
We are currently in the midst of a battle for the world. On one side are the thinkers who know how to keep the planet healthy and the world a better place. On the other side are those who want to maintain the privilege of a tiny minority, regardless of the legacy to future generations.
1.We can make sure the public understand the complex global financial system and the ‘Magic Money Tree’ nature of money5.
2.We can then pressure those with power to direct the recovery to a green recovery.
3.We can call out all unnecessary restrictions on our rights and insist that emergency measures are directed to protect the planet and the livelihoods of global citizens.
1.Hope and Action podcast 28th March 2020 (30mins) https://www.youtube.com/watch?v=_QaelxWsxG4&feature=youtu.be Ann Pettifor, a founding member of Green New Deal group. Explaining how the current financial and economic system works, skewed to the rich and to American dollars.
2.New Economics Foundation podcast – The coronavirus crisis 9th April 2020https://youtu.be/mU8-A2x1aAI (40 mins) with NEF CEO Miatta Fahnbulleh, NEF’s head of economics Alfie Stirling and economist and author Ann Pettifor.
- Capitalism can’t cope with a pandemic. Catastrophic deep depression
- Finance sector is screwed.
- Need terms and conditions for bail out.
- Keynes had said reserve currency should be independent (co-operation)
3.How coronavirus almost brought down the global financial system Guardian 14th April 2020 http://gu.com/p/dkvyf “Never before has the global economy suffered a shock of this scale all at once. In the US alone, at least 17 million people have lost their jobs in the last three weeks. A severe global recession is now inevitable.”
“at the heart of the profit-driven, private financial economy is a public institution, the central bank.”
“the global financial system is hierarchical. At the apex stands the US Federal Reserve. The ECB, the Bank of Japan, the Bank of England and their advanced-economy counterparts all enjoy the Fed’s direct support.”
“in the panic that began on 9 March.. the price of shares and bonds were collapsing together what they wanted most of all were dollars.”
“the Fed was also acting as a provider of dollar liquidity to the world economy. In the UK, too, the Treasury and the Bank of England were working closely to link the huge increase in government spending to efforts to stabilise financial markets.”
“The World Bank is warning of a devastating setback to the economies of Nigeria, Angola and South Africa, along with the rest of sub-Saharan Africa. Almost half the countries in the world – more than 90 so far – have been forced to apply to the IMF for financial assistance.”
4.Don’t be fooled: Britain’s coronavirus bailout will make the rich richer still 13th April http://gu.com/p/djazy Where is all this money coming from – and where is it ultimately going?
“The answer lies principally in a massive expansion of debt. Wage support is being funded by large-scale public borrowing of the kind we were told was unaffordable just a few months ago (although this is now being supplemented by direct financing with newly created money from the Bank of England). Yes, this could usher in a new era of state intervention – but it could just as easily herald a new era of austerity.”
“The only people in society not being asked to share the burden are “rentiers”: those who make money by owning assets they can charge others to use.”
“most support has been chanelled through banks, landlords, employers and utility firms – with government simply trusting them to benignly pass it on. This is at best naive and at worst irresponsible.”
5.The Coronavirus Magic Money Tree trail Open democracy 27th March 2020 https://www.opendemocracy.net/en/oureconomy/following-coronavirus-money-trail/ “At a basic level, the government has created new money to replace the lost spending of the rich, so that working people can continue to pay their bills to the rich. The new money that has been created by central banks ends up accumulating in rich individuals’ bank accounts ” ie the companies below.
Covid Corporate Financing Facility beneficiaries – carry on polluting with support from taxpayers (p9)
6.Addressing climate change in post-pandemic world McKinsey April 2020 https://www.mckinsey.com/business-functions/sustainability/our-insights/addressing-climate-change-in-a-post-pandemic-world “can the world afford to pay attention to climate change and the broader sustainability agenda at this time? Our firm belief is that we simply cannot afford to do otherwise.”
“current pandemic provides us perhaps with a foretaste of what a full-fledged climate crisis could entail in terms of simultaneous exogenous shocks to supply and demand, disruption of supply chains, and global transmission and amplification mechanisms.”
“In climate change as in pandemics, the costs of a global crisis are bound to vastly exceed those of its prevention.”
“climate action could accelerate the recovery by creating jobs, driving capital formation, and increasing economic resiliency.”
7.How will the world emerge from the coronavirus crisis? Guardian 31st March 2020. https://www.theguardian.com/world/2020/mar/31/how-will-the-world-emerge-from-the-coronavirus-crisis Looking at similarities between Covid and climate emergencies and Naomi Klein’s, The Shock Doctrine “to think of this new level of state intervention as a temporary requirement is to ensure that we continue barrelling down the path to climate disaster”
“We can’t think we’re going to go ‘back to normal’, because things weren’t normal.”
8.Are the climate and coronavirus crises really so alike? Business Green 7th April https://www.businessgreen.com/blog-post/4013655/climate-coronavirus-crises-alike “Covid-19 is a dress rehearsal for climate change…”
“businesses must look beyond the profit motive; corporations, governments, and civil society must co-operate; and innovators must first imagine and then deliver a sharp break with business-as-usual.”
– [meat industry] further viral outbreaks, antibiotic resistance, deforestation over-fishing – ecosystem collapse
– [insurance industry] sea levels rise and mega-storms in the same year. Cities become uninsurable
– [global financial system] millions of property assets left unsellable
– [nuclear industry] the monsoons fail and Himalayan water supplies shared by three nuclear powers become unreliable
-[food production] harvests fail completely and repeatedly across North Africa, the Gulf, and Latin America
9.Covid-19 – The Low-Carbon Crisis Bloomberg NEF Liebreich: 26th March https://about.bnef.com/blog/covid-19-the-low-carbon-crisis/
Some short term effects of Covid:
– China’s manufacturing industries down by 17%
– China’s exports down 19%
– China’s car sales down 46%
– Retail demand in countries with stay-at-home orders plummeted 50% to 80%
– power demand across Europe down 15%
– many European countries closed their borders
– most airlines have cancelled over 90% of their scheduled flights
– Indian railway shut all passenger services
– Singapore is closing its borders to through traffic
– several million Americans lost their jobs
– global tourism, hospitality, fitness and live entertainment industries suspended
“the backlash could make France’s “yellow vest” protests look very tame indeed”
Way forward opportunities:
– Food delivery and online shopping cos made to invest in electric delivery only
– Switch buses, taxis, shared mobility vehicles and all publicly-owned vehicle to EVs
– Downsize and/or innovate airline industry
– Get renewables penetrated into grid
– Insulate building stock
– No bailouts for industries or businesses not viable in low carbon world
– Continue electronic communications instead of physical journeys
– Make sure the ‘bottom 50%’ benefit – or expect backlash
– Pay attention to risks caused by our financial system
10.What coronavirus can teach us about hope 7th April 2020: Rebecca Solnit referencing ‘disaster scholars’ https://www.theguardian.com/world/2020/apr/07/what-coronavirus-can-teach-us-about-hope-rebecca-solnit
“At moments of immense change, we see with new clarity the systems – political, economic, social, ecological – in which we are immersed as they change around us. We see what’s strong, what’s weak, what’s corrupt, what matters and what doesn’t.” [particularly with a proximity of death]
“The outcome of disasters is not foreordained. It’s a conflict…”
“the proximity of death in shared calamity makes many people more urgently alive, less attached to the small things in life and more committed to the big ones, often including civil society or the common good”
11.Coronavirus: What could Lifestyle changes mean for tackling climate change? Carbon Brief 31st March https://www.carbonbrief.org/coronavirus-what-could-lifestyle-changes-mean-for-tackling-climate-change? (Brief statements from a range of green writers and activists with thoughts on how the lifestyle changes brought about by the Covid-19 pandemic could affect global CO2 emissions in the short and long term.
Dr Carl-Friedrich Schleussner: “Even the most stringent responses to the climate crisis would be much less abrupt than what we are seeing now.”
12.Can We Please Apply The Coronavirus Spirit To Austerity And Climate Change? 29th March 2020 Huff Post Caroline Lucas https://www.huffingtonpost.co.uk/entry/coronavirus-government-spending-austerity-climate_uk_5e7e0cc1c5b6cb9dc19ecb95. “It has shown how governments need to work with their citizens to overcome threats or challenges. It has brought into the mainstream ideas which were once considered radical or extreme”
“the tons of medical aid sent by China to Italy with the message “we are all waves in the same sea”….”
13. 350deg petition for a Just Recovery https://350.org/just-recovery
14.Greenpeace EU Unit 23rd March 2020 https://www.greenpeace.org/eu-unit/issues/democracy-europe/2673/how-the-eus-response-to-the-covid-19-pandemic-could-make-our-society-more-resilient/ “all spending must also be in line with the Paris agreement, including energy subsidies, funding under the EU’s Common Agricultural Policy and cohesion and structural funds.”
- “Put people – not corporations – at the heart of the response to the crisis
- Sustain the planet
- Reinforce strong democracies”
15.Climate change has not gone away – COP26, net zero and the coronavirus Dieter Helm 3rd April http://www.dieterhelm.co.uk/energy/climate-change/climate-change-has-not-gone-away-cop26-net-zero-and-the-coronavirus/
“a reduction in consumption is a reduction in carbon..”
“Either the money has to be borrowed from the next generation, or there has to be a redistribution from richer customers to poorer ones.”
“climate change cannot be cracked unless we get back on a sustainable consumption path”
“the main way to offset this lower oil price effect is to raise the carbon price inversely to the falls in oil prices, and to deal with these perverse incentives with carbon border prices.”
“not to price carbon is to distort trade”
“the value of global research into viruses, and global corporation in developing vaccines and in innovative protective products”
16.Principles for a Just Recovery from Covid-19 a 350deg petition https://350.org/just-recovery petition about justice recovery after coronavirus:
Responses at every level must uphold these five principles:
1. Put people’s health first, no exceptions.
2. Provide economic relief directly to the people.
3. Help our workers and communities, not corporate executives.
4. Create resilience for future crises.
5. Build solidarity and community across borders – do not empower authoritarians.
17.The coronavirus outbreak is part of the climate change crisis Aljazeera 30th March https://www.aljazeera.com/indepth/opinion/coronavirus-outbreak-part-climate-change-emergency-200325135058077.html
“humans are harvesting the natural resources of the planet – water, fossil fuels, timber, land, ore, etc – and plugging them into an industrial cycle which puts out various consumables (cars, clothes, furniture, phones, processed food etc) and a lot of waste.”
18.Remarks by World Bank Group President David Malpass on G20 Finance Ministers Conference Call on COVID-19 David Malpass 23rd March 2020 https://www.worldbank.org/en/news/speech/2020/03/23/remarks-by-world-bank-group-president-david-malpass-on-g20-finance-ministers-conference-call-on-covid-19 “For those countries that have excessive regulations, subsidies, licensing regimes, trade protection or litigiousness as obstacles, we will work with them to foster markets, choice and faster growth prospects during the recovery.”
“calling on the G20 Leaders to allow the poorest countries to suspend all repayments of official bilateral credit until the World Bank and the IMF have made a full assessment of their reconstruction and financing needs”
19.Trump administration allows companies to break pollution laws during coronavirus pandemic Guardian 27th March https://www.theguardian.com/environment/2020/mar/27/trump-pollution-laws-epa-allows-companies-pollute-without-penalty-during-coronavirus “particular concern over air pollution emitted by industrial facilities, which are predominantly located in communities with large numbers of low-income people and people of color “
“oil refineries will not be compelled to report on and reduce their carcinogenic benzene emissions”
20.What does ‘national defence’ mean in a pandemic? It’s no time to buy fighter jets George Monbiot 8th April https://www.theguardian.com/commentisfree/2020/apr/08/national-defence-corona-pandemic-fighter-jets “We now know that both the UK and US governments ignored warnings about the potential scale and impacts of pandemics, and failed to invest in genuine national defence…. “
“They attend, lavishly and zealously, to imaginary threats, while neglecting real ones.” [Pentagon 2017 pandemic plan on scribd]
21. After the Apocalyse. Alan Simpson https://www.climateinteractive.org/tools/en-roads/ “Trump and a legion of corporate deregulators are already seeking to kill off such transformative thinking before the debate even starts. Their rationale is simple: kill the public if you must, just don’t kill off the corporate profits. It is the zero-sum game humanity cannot afford to lose.”
22. April Intergovernmental Dialogue from Berlin
https://www.bmu.de/en/petersberg-climate-dialogue-xi/#c45497 should have been preparation for COP26 in November, but deferred due to Covid. The link has links to talk from Angela Merkel, Dominic Raab, Lord Nicholas Stern, Antonio Guterras, Svenja Schulze and Sharan Burrow.
A Project Drawdown https://www.drawdown.org/solutions/table-of-solutions. Project Drawdown is supported by donations. It consists of a table of solutions, ranked by the CO2equivalent reductions, that could be achieved if there is the will to do so. “Each solution reduces greenhouse gases by avoiding emissions and/or by sequestering carbon dioxide already in the atmosphere.”
B Breakthough Energy Coalition https://www.b-t.energy/ B-E was started by Bill and Melinda Gates and likeminded Billionaires with five main categories, which we call the Grand Challenges: electricity, agriculture, manufacturing, transportation, and buildings.
C. Climate Interactive En Roads interactive model https://www.climateinteractive.org/tools/en-roads/
The model is sponsored by funders such as the Rockefeller Brothers Fund and the Department for International Development. ‘Ambassadors’ can qualify by attending free courses to understand how moving the bars with different policies would affect global warming.
D Doughnut Economics https://www.kateraworth.com/2020/04/08/amsterdam-city-doughnut/
Since the 2017 election threats and damage due to Climate Change and to the Natural Environment have been much more widely understood, and many voters would like to know whether they can trust politicians to address these effectively.
Actions by Extinction Rebellion and straight talk by Greta Thunberg resulted in a UK Climate Emergency bill of 1st May 2019 and Parliament commissioned a Citizens Assembly spanning multiple department’s actions on climate change. So all of the leading UK political parties claim to take the threats seriously, and their 2019 manifestos are investigated below, albeit with just one individual’s interpretation here.
Alternative comparisons include Carbon Brief’s comprehensive comparison of the manifestos of all the Parties, The Guardian’s analysis of climate policies and the BBC has an Interactive Guide with their interpretation of issues. The smaller Parties are not covered. Although the Green Party influences approaches to Climate Change and the Brexit Party influences EU aspects, only the Conservative, Labour and the Liberal Democrats are covered below.
Similar sounding Policies
Superficially the manifestos of the Conservative, Labour and Liberal Democrats have some similar sounding policies. It is the expertise and dedication applied to the Programmes that differentiates them and could persuade voters to trust a Party.
It is difficult for most voters to keep up with unfolding climate change policies to assess which Party is most likely to deliver effective action against Climate Change. The UNEP’s Emissions Gap report of Nov 2019 says that, on current trends, emissions are on track to be 38% higher by 2030 than is needed to limit warming to 1.5C. With the UK hosting the all important 2020 Conference of the Parties in Glasgow, it is crucial that we have a UK Government who will respond to the emergency as the time to act is now.
Policy topics across all Parties
– 2020 UN climate conference in Glasgow (COP26)
– trade deal protections
– flood defences
– environmental land management
– energy-intensive industries moving to low-carbon techniques
– carbon capture and storage (CCS)
– walking and cycling
– electric cars and electric charging points
– air quality
– research and development
The main differences are in the background material and track record of the parties, particularly their approaches to capital investment and day to day revenue and spend.
Factors of note include:
- least ambitious in not aiming at new zero emissions until 2050
- the North Sea oil and gas industry has a long future ahead – (ie not intending to phase out fossil fuels to address the climate emergency)
- No indication that they will support any solar or onshore wind.
- No new green investment bank
- No indication that they will stop UK aid for more fossil fuel
- Or stop using UK Export Finance for more fossil fuel
- They might recommence fracking (if the science shows categorically that it can be done safely)
- A ‘Blue Planet’ fund and have quite a bit about plastic and oceans
- No mention of allowable carbon levels in new buildings, even though they ‘support….new kinds of homes that have low energy bills and which support our environmental targets and will expect all new streets to be lined with trees’
- will give city regions the funding to upgrade their bus, tram and train services to make them as good as London’s.
- [buses] flat fares in urban areas – and increased frequency…..bring back and protect rural routes…… the UK’s first all electric-bus town
- Tories will ‘consider’ on HS2 and invest in Northern Powerhouse Rail, and the Midlands Rail Hub
- restore many of the Beeching lines
- Tories will spend on roads
- Tories will ‘consult on’ stopping new petrol and diesel vehicles entering the market
- Tories will require Heathrow to comply with air
quality and noise obligations
The Conservatives are in power, so their spend will therefore just be adjustments to their current policies and spending principles.
It is notable that Conservative spend predictions for social housing decarbonisation, homes upgrades grants, CCS fund, industrial energy transformation and electric vehicle infrastructure are back ended starting at £420m in 2020/1 and only getting to £2,190m by 2023/4, rather than taking an urgent approach.
Although the IFS is sceptical of the Conservative spending plans it notes that
“Should they win this time it is highly likely that the Conservatives would end up spending more than their manifesto implies and thus taxing or borrowing more. The chances of holding spending down as they propose over a five-year parliament look remote.” and “their “die in a ditch” style promise to exit the Brexit transition period by the end of 2020 could mean something rather like a “no deal” outcome. That would harm the economy and of course increase the debt and deficit.”
The IFS also notes that “what their 2017 manifesto said, but it is not what has happened.“
Labour published a main manifesto(107 pages), based on Thirty by 2030 (187 pages) and the New Economic Foundation’s A Green New Deal an environmental manifesto(48 pages), plans for Warm Homes for All and Funding Real Change (44 pages).
- emission reduction pledge is the most ambitious of the Parties. It aims to achieve the substantial majority of emissions reductions by 2030 with 90% of electricity and 50% of gas from low carbon sources
- co-ordinated focus on greenhouse gas reductions – will have a Sustainable Investment Board with the Chancellor, Business Secretary, Bank of England, trade unions and businesses. The Treasury to include assessment against climate goals, and always to include cost of not acting
- control of delivery – staggered nationalisation of energy, water and rail to deliver energy reducing measures
- low energy homes – will upgrade nearly 27 million homes with insulation and the roll out of technologies like heat pumps, solar hot water and with investments in district heat networks using waste heat
- hydrogen, and investments in district heat networks using waste heat
- new industries – three new steel recycling plants, a plastic remanufacturing industry, tidal lagoons and marine power
Labour says in Funding for all that it will create a National Transformation Fund to tackle the Climate Emergency. There will be Green Transformation Fund with £250bn of capital expenditure over ten years and a Social Transformation Fund with £150bn of capital expenditure over 10 years.
Where nationalisation buys back companies its shares will be exchanged for bonds.
Where ‘able to pay’ homeowners join in the programme to decarbonise their homes there will be public borrowing to provide low cost loans.
Additional yearly expenditure will be funded by additional tax income, from more and better paid employment, as well as higher taxes for high salary earners, higher corporation tax and ensuring that companies pay their dues.
Although the IFS is sceptical of the spending plans it notes that “Labour’s proposed increase in the size of the state would still leave UK public spending at a lower share of national income than that seen in Germany. ” and concludes: “For good or bad five years of Labour government would involve enormous economic and social change.”
Labour based its economic policies on ‘The Case for the Green New Deal’ (Ann Pettifor Verso 2019) that explains the nature of the Global financial system and who benefits from magic money tree of today’s everyday creation of money.
On 25th Nov 163 economists signed a letter in the Financial Times Economists’ letter “It seems clear to us that the Labour Party has not only understood the deep problems we face, but has devised serious proposals for dealing with them.”
- Ensure that banks, and portfolio investments are climate change compliant
- End Fossil Fuel subsidies
- a statutory duty on all local authorities to produce a Zero Carbon Strategy, including plans for local energy, transport and land use, and devolve powers and funding to enable every council to implement it.
- opposing any expansion of Heathrow, Gatwick or Stansted and any new airport in the Thames Estuary
- reforming the taxation of international flights to focus on those who fly the most
- piloting a new subsidised Energy-Saving Homes scheme, graduating Stamp Duty Land Tax by the energy rating of the property
- reducing VAT on home insulation
According to The Guardian schematic of funding the Liberal Democrats will raise income tax and corporation tax to pay for its spending promises – but will still have a shortfall of £14.11bn a year.
The IFS concludes that “The Liberal Democrats’ plans would seem to involve somewhat lower levels of borrowing than implied by either Labour or Conservative manifestos, and they would appear to be the only one of these three parties which would put debt on a decisively downward path.”
Transition Highgate leaves it to the reader to assess which Party is the most prepared and most likely to take action commensurate with the Climate and Environmental emergencies we face.
Your vote is your action against Climate Change and environmental damage.
As a new set of MEPs take their seats in the EU Parliament it is timely to be aware of how the EU works to co-ordinate climate breakdown action across the 28 member states, Many of the changes that should be made to address the increase in global carbon intensity also address the pollution of our air, water and land.
Whether the UK remains in the EU or leaves soon, the makeup of the Parliament will affect the speed (or not) of addressing climate breakdown. “With their tally of MEPs surging to 70 from 51 in the last parliament, the Greens group will have roughly the same clout in the 751-seat assembly as the far-right populists led by Italy’s interior minister, Matteo Salvini – and a much better chance of using it. ” is a hopeful message in the Guardian May 28th.
‘The EU‘ is one of a set of Transition Highgate pages reviewing the pledges and actions of the Paris agreement. It has sections on aviation, power, buildings, agriculture, waste and transport.
Environment and climate change is an EU resource page.