John Healey Shatters Ed Miliband's Net Zero Dream as Chancellor Takes Sledgehammer to Funding

Andy Burnham Opens Door to Slavery Payout as Commonwealth Nations Seek 'Justice'

John Healey Shatters Ed Miliband's Net Zero Dream as Chancellor Takes Sledgehammer to Funding

TL;DR

  • Chancellor John Healey has axed funding for Ed Miliband's Net Zero plans.
  • Funding will now only be provided to projects that cut bills and connect easily to the National Grid.
  • This makes it harder for Labour to achieve its promise of 95% renewable electricity by 2030.
  • The Climate Change Committee estimated the Net Zero transition could cost the economy over £125 billion this decade.
  • Energy Secretary Miatta Fahnbulleh acknowledged the difficulty of delivering clean power while lowering household bills.
  • A government spokesman stated the commitment to clean power by 2030 remains, highlighting past investment and progress.
  • Andy Burnham previously stated he would not have written the current Labour manifesto exactly as it is and ruled out a snap election for the next 12 months.