The News Agents Is this Sunak's 'moment of shame'?
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Sep 20, 2023 Former energy minister Zac Goldsmith accuses Chancellor Rishi Sunak of a 'moment of shame' due to plans to water down green policies, resulting in a press conference to address the leak. The podcast discusses the environmental, economic, and political impact of these changes, including tensions within the Tory party and legal action. Concerns are raised about the implications for businesses and the difficulty and cost of delaying the net zero commitment. The hosts also analyze the complexities of political ideologies in relation to climate issues.
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Net Zero Explained
- Net Zero is a legally binding commitment to eliminate fossil fuel emissions by 2050.
- It involves decarbonizing the energy grid, phasing out gas boilers, and transitioning to electric vehicles.
Sunak's Green Retreat
- The UK government, under Rishi Sunak, has backtracked on several green policies while maintaining the 2050 net zero target.
- This has sparked criticism, as it's seen as undermining investment and corporate confidence.
Ford's Reaction
- Ford UK's chair criticized the government's move, calling for ambition, commitment, and consistency.
- They argue the 2030 target for electric vehicles is crucial for industry transformation.