Labour and the Green New Deal

Posted on

As the Guardian has reported:

Labour is poised to commit itself to one of the most radical net zero emissions targets in Europe after members voted to agree to a target of 2030.

Party members voted on Tuesday at the autumn conference in Brighton to back a motion by the campaign group Labour for a Green New Deal to set a fixed date to achieve net zero, as well as nationalising the big six energy firms and guarantee green jobs.

I am of course pleased by this, although a lot of baggage has been added to the motion that may not be strictly necessary to achieve the goal.

What I do know is that the goal will not be achieved unless Labour, and anyone else wanting to go near it, agree to impose a net-zero carbon target on business and right now  Sustainable Cost Accounting is the only way I have heard of to do that. It has to be discussed.

 


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here:

  • Richard Murphy

    Read more about me

  • Support This Site

    If you like what I do please support me on Ko-fi using credit or debit card or PayPal

  • Archives

  • Categories

  • Taxing wealth report 2024

  • Newsletter signup

    Get a daily email of my blog posts.

    Please wait...

    Thank you for sign up!

  • Podcast

  • Follow me

    LinkedIn

    LinkedIn

    Mastodon

    @RichardJMurphy

    BlueSky

    @richardjmurphy.bsky.social